The U.S. Bureau of Economic Analysis is reporting that personal income increased $149.2 billion (0.6% at a monthly rate) in March. Disposable personal income (DPI – personal income less personal current taxes) increased $142.5 billion (0.6&), and personal consumption expenditures (PCE) increased $195.4 billion (0.9%). Personal saving was $857.3 billion in March, and the personal saving rate (personal saving as a percentage of DPI) was 3.6%.
Click here to read the full report at the Bureau of Economic Analysis.
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