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Thomas StorringDirector – Economics and Statistics
Tel: 902-424-2410Email:

April 28, 2023

Month over month (March 2023 vs February 2023, seasonally adjusted)

The US Bureau of Economic Analysis reports that US personal income increased $67.9 billion, or 0.3%. 
US personal disposable income increased $71.8 billion, or 0.4%.
In real per capita terms, US disposable personal income increased 0.3%.
US personal consumption expenditures increased $8.2 billion, or 0.05%.

Personal savings (disposable personal income minus personal consumer expenditures, interest paid, and transfers to government and the rest of the world) increased $50.3 billion, or 5.3%.
The personal savings rate was 5.1% of disposable income, up from 4.8%.




US Bureau of Economic Analysis. Press release, March 2023

Data retrieved from FRED, Federal Bank of St Louis, Table 2.6. Personal Income and Its Disposition, Monthly NIPA

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