Personal Income and Spending Inched Up in May

  1. Home
  2. News
  3. Personal Income and Spending Inched Up in May
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%.