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March 31, 2023US PERSONAL INCOME AND OUTLAY, FEBRUARY 2023 Month over month (Feb 2023 vs Jan 2023, seasonally adjusted)
The US Bureau of Economic Analysis reports that US personal income increased $72.9 billion, or 0.3%.
US personal disposable income increased $89.9 billion, or 0.5%.
In real per capita terms, US disposable personal income increased 0.2%.
US personal consumption expenditures increased $27.8 billion, or 0.2%.
Personal savings (disposable personal income minus personal consumer expenditures, interest paid, and transfers to government and the rest of the world) increased $49.2 billion, or 5.7%.
The personal savings rate was 4.6% of disposable income, up from 4.4%.
SOURCE
US Bureau of Economic Analysis. Press release, February 2023
Data retrieved from FRED, Federal Bank of St Louis, Table 2.6. Personal Income and Its Disposition, Monthly NIPA
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