Personal Income

Personal income and outlays data for the months of July, August, and September 2025 were updated on December 23 with the initial estimate of gross domestic product (GDP) for the third quarter of 2025. The full updated monthly statistics, reflecting newly available source data, are available in a Tables Only spreadsheet, in BEA’s interactive data tables, and via the API.

Personal income increased $94.5 billion (0.4 percent at a monthly rate) in September, according to estimates released today by the U.S. Bureau of Economic Analysis. Disposable personal income (DPI)—personal income less personal current taxes—increased $75.9 billion (0.3 percent) and personal consumption expenditures (PCE) increased $65.1 billion (0.3 percent). Personal outlays—the sum of PCE, personal interest payments, and personal current transfer payments—increased $70.7 billion in September. Personal saving was $1.09 trillion in September and the personal saving rate—personal saving as a percentage of disposable personal income—was 4.7 percent.