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Personal Income and Outlays, February 2024


Personal income increased $66.5 billion (0.3 percent at a monthly rate) in February. Disposable personal income (DPI)-personal income less personal current taxes-increased $50.3 billion (0.2 percent). Consumer spending increased $145.5 billion (0.8 percent). Personal saving was $745.7 billion and the personal saving rate-personal saving as a percentage of disposable personal income-was 3.6 percent in February. Personal outlays-the sum of personal consumption expenditures (PCE), personal interest payments, and personal current transfer payments-increased $149.9 billion. Full Text
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