Personal Income and Outlays, August 2022 and Annual Update

August 2022
+0.3%
July 2022
+0.3%

Personal income increased $71.6 billion, or 0.3 percent at a monthly rate, while consumer spending increased $67.5 billion, or 0.4 percent, in August. The increase in personal income primarily reflected increases in compensation and proprietors’ income. The personal saving rate (that is, personal saving as a percentage of disposable personal income) was 3.5 percent in August, the same rate as in July.

  • Current release: September 30, 2022
  • Next release: October 28, 2022

Personal Income and Outlays, July 2022

July 2022
+0.2%
June 2022
+0.7%

Personal income increased $47.0 billion, or 0.2 percent at a monthly rate, while consumer spending increased $23.7 billion, or 0.1 percent, in July. The increase in personal income primarily reflected an increase in compensation. The personal saving rate (that is, personal saving as a percentage of disposable personal income) was 5.0 percent in July, the same rate as in June.

  • Current release: August 26, 2022
  • Next release: September 30, 2022

Personal Income and Outlays, June 2022

June 2022
+0.6%
May 2022
+0.6%

Personal income increased $133.5 billion, or 0.6 percent at a monthly rate, while consumer spending increased $181.1 billion, or 1.1 percent, in June. The increase in personal income primarily reflected increases in compensation and proprietors’ income. The personal saving rate (that is, personal saving as a percentage of disposable personal income) was 5.1 percent in June, compared with 5.5 percent in May.

  • Current release: July 29, 2022
  • Next release: August 26, 2022

Personal Income and Outlays, May 2022

May 2022
+0.5%
April 2022
+0.5%

Personal income increased $113.4 billion, or 0.5 percent at a monthly rate, while consumer spending increased $32.7 billion, or 0.2 percent, in May. The increase in personal income primarily reflected an increase in compensation. The personal saving rate (that is, personal saving as a percentage of disposable personal income) was 5.4 percent in May, compared with 5.2 percent in April.

  • Current release: June 30, 2022
  • Next release: July 29, 2022

Personal Income and Outlays, April 2022

April 2022
+0.4%
March 2022
+0.5%

Personal income increased $89.3 billion, or 0.4 percent at a monthly rate, while consumer spending increased $152.3 billion, or 0.9 percent, in April. The increase in personal income primarily reflected an increase in compensation. The personal saving rate (that is, personal saving as a percentage of disposable personal income) was 4.4 percent in April, compared with 5.0 percent in March.

  • Current release: May 27, 2022
  • Next release: June 30, 2022

Personal Income and Outlays, March 2022

March 2022
+0.5%
February 2022
+0.7%

Personal income increased $107.2 billion, or 0.5 percent at a monthly rate, while consumer spending increased $185.0 billion, or 1.1 percent, in March. The increase in personal income primarily reflected an increase in compensation. The personal saving rate (that is, personal saving as a percentage of disposable personal income) was 6.2 percent in March, compared with 6.8 percent in February.

  • Current release: April 29, 2022
  • Next release: May 27, 2022

Personal Income and Outlays, February 2022

February 2022
+0.5%
January 2022
+0.1%

Personal income increased $101.5 billion, or 0.5 percent at a monthly rate, while consumer spending increased $34.9 billion, or 0.2 percent, in February. The increase in personal income primarily reflected an increase in compensation of employees that was partly offset by a decrease in government social benefits. The personal saving rate (that is, personal saving as a percentage of disposable personal income) was 6.3 percent in February, compared with 6.1 percent in January.

  • Current release: March 31, 2022
  • Next release: April 29, 2022

Personal Income and Outlays, January 2022

January 2022
+0.0%
December 2021
+0.4%

Personal income increased $9.0 billion, or less than 0.1 percent at a monthly rate, while consumer spending increased $337.2 billion, or 2.1 percent, in January. The increase in personal income primarily reflected an increase in compensation of employees that was partly offset by a decrease in government social benefits. The personal saving rate (that is, personal saving as a percentage of disposable personal income) was 6.4 percent in January, compared with 8.2 percent in December.

  • Current release: February 25, 2022
  • Next release: March 31, 2022

Personal Income and Outlays, December 2021

December 2021
+0.3%
November 2021
+0.5%

Personal income increased $70.7 billion, or 0.3 percent at a monthly rate, while consumer spending decreased $95.2 billion, or 0.6 percent, in December. The increase in personal income primarily reflected an increase in compensation of employees. The personal saving rate (that is, personal saving as a percentage of disposable personal income) was 7.9 percent in December, compared with 7.2 percent in November.

  • Current release: January 28, 2022
  • Next release: February 25, 2022