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Personal Income and Outlays, April 2021

19 days ago   |   By U.S. Bureau of Economic Analysis

Personal income decreased $3.21 trillion, or 13.1 percent at a monthly rate, while consumer spending increased $80.3 billion, or 0.5 percent, in April. Full Text
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Personal Income Decreased 13.1% in April, Spending increased 2.4%

Personal Income Decreased 13.1% in April, Spending increased 2.4%

19 days ago   |   By Calculated Risk

The BEA released the Personal Income and Outlays report for April:
Personal income decreased $3.21 trillion in April according to estimates released today by the Bureau of Economic Analysis. Disposable personal income decreased $3.22 trillion and personal consumption expenditures increased $80.3 billion .
Real DPI decreased 15.1 percent in April and Real PCE decreased 0.1 percent; goods decreased 1.3 percent and services increased 0.6 percent. The PCE price index increased 0.6 percent. Excluding food and energy, the PCE price index increased 0.7 percent.
emphasis added The April PCE price...
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