Personal Income Rose 0.8% in April, Spending Up 0.2%

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Personal Income Rose 0.8% in April, Spending Up 0.2%

Washington, DC, May 30, 2025-Personal income increased $210.1 billion (0.8% at a monthly rate) in April, according to estimates released by the U.S. Bureau of Economic Analysis. Disposable personal income (DPI)-personal income less personal current taxes-increased $189.4 billion (0.8%) and personal consumption expenditures (PCE) increased $47.8 billion (0.2%).

Personal outlays-the sum of PCE, personal interest payments, and personal current transfer payments-increased $48.6 billion in April. Personal saving was $1.12 trillion in April and the personal saving rate-personal saving as a percentage of disposable personal income-was 4.9%.