Personal Income & Spending Rose in July

Washington, DC, August 30, 2018-Personal income increased $54.8 billion (0.3%) in July according to estimates released by the Bureau of Economic Analysis.

Disposable personal income (DPI) increased $52.5 billion (0.3%) and personal consumption expenditures (PCE) increased $49.3 billion (0.4%).

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 0.2%.