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June 29, 2018US PERSONAL INCOME AND OUTLAY, MAY 2018 
The US Bureau of Economic Analysis reports that US personal income increased $60.0 billion, or 0.4 per cent in May (seasonally adjusted, levels at annualized rates). The increase in personal income in April primarily reflected increases in wages and salaries, personal dividend income and nonfarm proprietors' income. This is the eleventh consecutive month (-0.02% in Jun 2017) with positive personal income growth in the US.
US personal disposable income increased $63.2 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 $27.8 billion, or by 0.2 per cent in May.
Personal savings (disposable personal income minus personal consumer expenditures, interest paid, and transfers to government and the rest of the world) was $482 billion in May. The personal savings rate was 3.2 per cent of disposable income.
Source: US Bureau of Economic Analysis
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