Personal income increased 0.5 percent in April after increasing 0.1
percent in March. Wages and salaries, the largest component of personal income, increased 0.3
percent in April after increasing 0.4 percent in March.
Current-dollar disposable personal income (DPI),
after-tax income, increased 0.4 percent in April after increasing 0.1
percent in March.
Real DPI, income adjusted for taxes and inflation, increased 0.1
percent in April after decreasing 0.2 percent in March.
Real consumer spending (PCE), spending adjusted for price changes, was unchanged in April after
increasing 0.9 percent in March. Spending on durable goods decreased 0.4 percent in April after
increasing 4.2 percent in March.
PCE prices increased 0.3 percent in April after increasing 0.2 percent in March. Excluding food and
energy, PCE prices increased 0.2 percent in April after increasing 0.1 percent in March.
Personal saving rate
Personal saving as a percent of DPI was 6.2 percent in April and 6.1
percent in March.
For more information, read the full report.
