Personal Income Rose 0.4% in May, Spending Up 0.1%
Washington, DC, June 30, 2017-Personal income increased $67.1 billion (0.4%) in May according to estimates released by the Bureau of Economic Analysis.
Disposable personal income (DPI) increased $71.7 billion (0.5%) and personal consumption expenditures (PCE) increased $7.3 billion (0.1%).
Real DPI increased 0.6% in May and Real PCE increased 0.1%. The PCE price index decreased 0.1%.
Excluding food and energy, the PCE price index increased 0.1%.