Personal Spending Rises at Fastest Rate in Nearly Six Years

  1. Home
  2. News
  3. Personal Spending Rises at Fastest Rate in Nearly Six Years
Personal Spending Rises at Fastest Rate in Nearly Six Years

Washington, DC, June 25, 2015—-Personal consumption expenditures (PCE) increased $105.9 billion, or 0.9%, according to the Bureau of Economic Analysis. This is the fastest rate of increase since August 2009.

Personal income increased $79.0 billion, or 0.5%, and disposable personal income (DPI) increased $65.5 billion, or 0.5%, in May. 

In April, personal income increased $69.6 billion, or 0.5%, DPI increased $57.0 billion, or 0.4%, and PCE increased $8.5 billion, or 0.1%, based on revised estimates.