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August 29, 2025

July 2025 Personal Income and Outlays
Historical Comparisons

Dollar change from preceding month (in billions):
Personal income
Disposable personal income (DPI)
Personal consumption expenditures (PCE)
Personal saving
Percent change from preceding month:
Personal income
DPI
PCE
Dollar change from preceding month (in billions):
DPI
PCE
Percent change from preceding month:
DPI
PCE
Percent change from preceding month:
PCE
PCE, excluding food and energy
Percent change from month one year ago:
PCE
PCE, excluding food and energy
Personal saving rate
Source: U.S. Bureau of Economic Analysis

Last period with
Jul25
equal value
Current dollars
112.3
93.9
108.9
-17.0

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Last period with
larger value

2025M04
2025M04
2025M03
2025M06

198.7
179.9
142.1
-9.3

Last period with
smaller value

2025M06
2025M06
2025M06
2025M05

74.2
64.7
75.5
-111.0

0.4 2025M04
0.4 2025M04
0.5 2025M03

0.8 2025M06
0.8 2025M06
0.7 2025M06

0.3
0.3
0.4

2025M04
2025M03

116.5 2025M06
110.5 2025M06

0.3
13.1

0.2 2024M11
0.3 2023M04
Chain-type price indexes

0.2 2025M04
0.3 2025M03

0.7 2025M06
0.7 2025M06

0.0
0.1

0.2 2025M05
0.3 2025M06

0.2 2025M06
0.3 2025M02

0.3 2025M04
0.5 2025M05

0.1
0.2

2.6 2025M06
2.6 2025M02
2.9 2025M02
2.9 2024M03
Personal saving as a percentage of DPI
4.4 2025M06
4.4 2025M05

2.7 2025M05
3.0 2025M06

2.4
2.8

4.5 2025M01

4.2

0.4 2024M12
0.4 2025M01
0.5 2024M05
Chained dollars
39.0 --53.7 ---

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