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June 30, 2023

May 2023 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
May23
equal value
Current dollars
91.2
86.7
18.9
64.0

---------

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Last period with
larger value

2023M01
2023M03
2023M04
2023M03

150.1
89.8
108.8
65.1

Last period with
smaller value

2023M04
2023M04
2023M03
2023M04

57.9
57.8
14.8
-54.9

0.4 2023M01
0.4 2023M03
0.1 2023M04

0.7 2023M04
0.5 2023M04
0.6 2022M12

0.3
0.3
0.0

2023M03
2023M04

53.3 2023M04
33.9 2023M03

-10.8
-4.7

0.3 2023M03
0.0 2023M03
Chain-type price indexes

0.3 2023M01
0.0 2023M04

1.7 2023M04
0.2 2022M12

-0.1
-0.2

0.1 2023M03
0.3 2023M03

0.1 2023M04
0.3 2023M04

0.4 2022M07
0.4 2022M11

-0.1
0.2

3.8 2008M06
3.8 2023M04
4.6 2023M03
4.6 2023M04
Personal saving as a percentage of DPI
4.6 2023M03
4.6 2022M01

4.3 2021M04
4.7 2021M10

3.6
4.3

4.7 2023M04

4.3

0.4 2023M03
0.4 2018M11
0.1 2023M03
Chained dollars
48.2 ---3.7 ---

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