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March 30, 2015 Personal Saving Rate Rises in February Personal income rose 0.4 percent in February, the same increase as in January. Wages and salaries, the largest component of personal income, rose 0.3 percent in February after rising 0.6 percent in January. Current-dollar disposable personal income (DPI), after-tax income, rose 0.4 percent in February after rising 0.5 percent in January. Real DPI, income adjusted for taxes and inflation, increased 0.2 percent in February after increasing 0.9 percent in January. Real consumer spending (PCE), spending adjusted for price changes, decreased 0.1 percent in February after increasing 0.2 percent in January. Spending on durable goods decreased 1.1 percent in February after increasing 0.7 percent in January. PCE prices increased 0.2 percent in February after decreasing 0.4 percent in January. Excluding food and energy, PCE prices increased 0.1 percent in February, the same increase as in January. Personal saving rate Personal saving as a percent of DPI was 5.8 percent in February and 5.5 percent in January. Dec. Jan. Feb. Personal Income 0.3% 0.4% 0.4% Currentdollar DPI 0.3% 0.5% 0.4% Real DPI 0.5% 0.9% 0.2% Real PCE 0.1% 0.2% –0.1% PCE Prices –0.2% –0.4% 0.2% 5.5% 5.8% Personal Saving Rate 4.9% Percent Change (Monthly Rate) Real Disposable Personal Income and Real Consumer Spending 1.0 0.8 0.6 0.4 0.2 0.0 -0.2 Nov Dec Real Disposable Personal Income Jan Feb Real Consumer Spending Source: .ureau of Economic Analysis BEA data—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 on the BEA Web site: www.bea.gov. E-mail alerts are also available. NOTE: On April 30, 2015, the estimates of March personal income and outlays will be released. Contact: Jeannine Aversa 202–606–2649 Bureau of Economic Analysis, U.S. Department of Commerce