Personal Income and Spending Inched Up in May

Washington, DC, June 28, 2019-Personal income increased $88.6 billion (0.5%) in May, according to estimates released by the Bureau of Economic Analysis. 

Disposable personal income (DPI) increased$72.6 billion (0.5%) and personal consumption expenditures (PCE) increased $59.7 billion (0.4%).

Real DPI increased 0.3% in May, and real PCE increased 0.2%. The PCE price index increased 0.2%. Excluding food and energy, the PCE price index increased 0.2%.