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April 30, 2020US PERSONAL INCOME AND OUTLAY, MARCH 2020 
The US Bureau of Economic Analysis reports that US personal income decreased $382.1 billion, or 2.0 per cent in March 2020 (seasonally adjusted levels at annualized rates).
"The decline in March personal income and outlays was, in part, due to the response to the spread of COVID-19, as governments issued “stay-at-home” orders. This led to rapid changes in demand, as businesses and schools switched to remote work or canceled operations, and consumers canceled, restricted, or redirected their spending. The full economic effects of the COVID-19 pandemic cannot be quantified in the Personal Income and Outlays estimate for March 2020 because the impacts are generally embedded in source data and cannot be separately identified."
US personal disposable income decreased $334.6 billion, or 2.0 per cent in March 2020 to $16.5 trillion.
In real per capita terms, US disposable personal income decreased $809.0 (Chained 2012 dollars) or 1.8 per cent in March 2020.
US personal consumption expenditures decreased $1,127.3 billion, or 7.5 per cent in March 2020
Personal savings (disposable personal income minus personal consumer expenditures, interest paid, and transfers to government and the rest of the world) increased $823.6 billion in March 2020 to $2.169 trillion.
The personal savings rate was 13.1 per cent of disposable income, up from 8.0 in February 2020.
Personal Outlays decreased $1,158.1 billion in March 2020.
Source: US Bureau of Economic Analysis
Press Release and Table 2.6. Personal Income and Its Disposition, Monthly NIPA
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