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May 31, 2018US PERSONAL INCOME AND OUTLAY, APRIL 2018 
The US Bureau of Economic Analysis reports that US personal income increased $49.5 billion, or 0.3 per cent in April (seasonally adjusted, levels at annualized rates). The increase in personal income in April primarily reflected an increase in wages and salaries, personal interest income and government social benefits to persons. This is the tenth consecutive month (-0.02% in Jun 2017) with positive personal income growth in the US.
US personal disposable income increased $60.9 billion, or by 0.4 per cent. In real per capita terms, US disposable personal income increased 0.2 per cent.
US personal consumption expenditures increased $79.8 billion, or by 0.6 per cent in April.
Personal savings (disposable personal income minus personal consumer expenditures, interest paid, and transfers to government and the rest of the world) was $419.6 billion in April. The personal savings rate declined to 2.8 per cent of disposable income.
Source: US Bureau of Economic Analysis
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