Personal Income Rose 0.8% in February, Spending Up 0.4%

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Personal Income Rose 0.8% in February, Spending Up 0.4%

Washington, DC, March 28, 2025-Personal income increased $194.7 billion (0.8% 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-increased $191.6 billion (0.9%), and personal consumption expenditures (PCE) increased $87.8 billion (0.4%).

Personal outlays-the sum of PCE, personal interest payments, and personal current transfer payments-increased $118.4 billion in February. Personal saving was $1.02 trillion in February and the personal saving rate-personal saving as a percentage of disposable personal income-was 4.6%.