Personal income increased less than 0.1 percent in March after rising 0.4 percent in February. Wages and salaries, the largest component of personal income, rose 0.2 percent in March after rising 0.3 percent in February.
Current-dollar disposable personal income (DPI), after-tax income, increased less than 0.1 percent in March after rising 0.5 percent in February.
Real DPI, income adjusted for taxes and inflation, decreased 0.2 percent in March after increasing 0.3 percent in February.
Real consumer spending (PCE), spending adjusted for price changes, increased 0.3 percent in March after decreasing less than 0.1 percent in February. Spending on durable goods increased 2.0 percent in March after decreasing 1.1 percent February.
PCE prices increased 0.2 percent in March, the same increase as in February. Excluding food and energy, PCE prices increased 0.1 percent in March, the same increase as in February.
Personal saving rate
Personal saving as a percent of DPI was 5.3 percent in March and 5.7 percent in February.
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