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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 --------- --------- 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 --- -----