Personal Income Rose 0.4% in July, Spending Up 0.3%

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Personal Income Rose 0.4% in July, Spending Up 0.3%

Washington, DC, August 31, 2017-Personal income increased $65.6 billion (0.4%) in July, according to estimates released by the Bureau of Economic Analysis.

Disposable personal income (DPI) increased $39.6 billion (0.3%) and personal consumption expenditures (PCE) increased $44.7 billion (0.3%).

Real DPI increased 0.2% in July and Real PCE increased 0.2%. The PCE price index increased 0.1%. Excluding food and energy, the PCE price index increased 0.1%.