Personal Income Declined 0.1% in February, Spending Up 0.5%

Washington, DC, April 9, 2026-Personal income decreased $18.2 billion (0.1% at a monthly rate) in February, according to estimates released by the U.S. Bureau of Economic Analysis. 

Disposable personal income (DPI)-personal income less personal current taxes-decreased $18.3 billion (0.1%), and personal consumption expenditures (PCE) increased $103.2 billion (0.5%).

Personal outlays-the sum of PCE, personal interest payments, and personal current transfer payments-increased $106.5 billion in February. Personal saving was $931.5 billion in February, and the personal saving rate-personal saving as a percentage of DPI-was 4.0%.