Personal Income & Spending Increased in August
Washington, DC, September 27, 2019-Personal income increased $73.5 billion (0.4%) in August, according to estimates released by the Bureau of Economic Analysis. Disposable personal income (DPI) increased $77.7 billion (0.5%) and personal consumption expenditures (PCE) increased $20.1 billion (0.1%).
Real DPI increased 0.4% in August, and Real PCE increased 0.1%. The PCE price index increased less than 0.1%. Excluding food and energy, the PCE price index increased 0.1%.