Personal Income Declined Slightly in April, Spending Up 0.5%

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Personal Income Declined Slightly in April, Spending Up 0.5%

Washington, DC, May 28, 2026-Personal income decreased less than $0.1 billion (less than 0.1% at a monthly rate) in April, according to estimates released by the U.S. Bureau of Economic Analysis (BEA). 

Disposable personal income (DPI)-personal income less personal current taxes-decreased $19.9 billion (0.1%), and personal consumption expenditures (PCE) increased $111.1 billion (0.5%). 

Personal outlays-the sum of PCE, personal interest payments, and personal current transfer payments-increased $114.0 billion in April. Personal saving was $611.7 billion in April, and the personal saving rate-personal saving as a percentage of DPI-was 2.6%.