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Tuesday, May 30, 2017 Contact: Jeannine Aversa, (301)278-9003 Spending on Durable Goods Rises in April Personal income increased 0.4 percent in April after increasing 0.2 percent in March. Wages and salaries, the largest component of personal income, increased 0.7 percent in April after remaining unchanged in March. Current-dollar disposable personal income (DPI), after-tax income, increased 0.4 percent in April after increasing 0.2 percent in March. Feb. Mar. Apr. Personal Income 0.5% 0.2% 0.4% Currentdollar DPI 0.4% 0.2% 0.4% Real DPI 0.3% 0.4% 0.2% Real PCE –0.1% 0.5% 0.2% 0.1% –0.2% 0.2% 5.3% 5.3% 5.3% Real DPI, income adjusted for taxes and inflation, increased 0.2 percent in April after increasing 0.4 percent in March. Real consumer spending (PCE), spending adjusted for price changes, increased 0.2 percent in April after increasing 0.5 percent in March. Spending on durable goods increased 1.1 percent in April after increasing 0.3 percent in March. PCE prices increased 0.2 percent in April after decreasing 0.2 percent in March. Excluding food and energy, PCE prices increased 0.2 percent in April after decreasing 0.1 percent in March. Personal saving rate Personal saving as a percent of DPI was 5.3 percent in April, the same as in March. PCE Prices Personal Saving Rate Percent Change (Monthly Rate) Real Disposable Personal Income and Real Consumer Spending 0.6 0.4 0.2 0.0 -0.2 -0.4 Jan. Feb. Real Disposable Personal Income Mar. Apr. Real Consumer Spending Source: Bureau of Economic Analysis BEA statistics—including GDP, personal income, the balance of payments, foreign direct investment, the input-output accounts, and economic data for states, local areas, and industries—are available at www.bea.gov. E-mail alerts are also available. NOTE: On June 30, 2017, the May estimates of Personal Income and Outlays will be released.