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Thursday, March 29, 2018 Contact: Jeannine Aversa, (301)278-9003 Personal Saving Increases in February Personal income increased 0.4 percent in February, the same increase as in January. Wages and salaries, the largest component of personal income, increased 0.5 percent in February after increasing 0.6 percent in January. Current-dollar disposable personal income (DPI), after-tax income, increased 0.4 percent in February after increasing 1.0 percent in January. Real DPI, income adjusted for taxes and inflation, increased 0.2 percent in February after increasing 0.6 percent in January. Real consumer spending (PCE), spending adjusted for price changes, was unchanged in February after decreasing 0.2 percent in January. Spending on durable goods increased 0.6 percent in February after decreasing 1.6 percent in January. PCE prices increased 0.2 percent in February after increasing 0.4 percent in January. Excluding food and energy, PCE prices increased 0.2 percent in February after increasing 0.3 percent in January. Personal saving rate Personal saving as a percent of DPI was 3.4 percent in February after 3.2 percent in January. Dec. Jan. Feb. Personal Income 0.4% 0.4% 0.4% Currentdollar DPI 0.4% 1.0% 0.4% Real DPI 0.2% 0.6% 0.2% Real PCE 0.3% –0.2% 0.0% PCE Prices 0.1% 0.4% 0.2% 2.4% 3.2% 3.4% 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 Nov. Dec. Real Disposable Personal Income Jan. Feb. Real Consum er 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 April 30, 2018, the March estimates of Personal Income and Outlays will be released.
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