Personal Income and Spending Both Rose in December
Washington, DC, January 31, 2020-Personal income increased $40.7 billion (0.2%) in December, according to estimates released by the Bureau of Economic Analysis.
Disposable personal income (DPI) increased $30.6 billion (0.2%) and personal consumption expenditures (PCE) increased $46.6 billion (0.3%).
Real DPI decreased 0.1% in December, and Real PCE increased 0.1%. The PCE price index increased 0.3 %. Excluding food and energy, the PCE price index increased 0.2%.