Economic News

PERSONAL INCOME AND OUTLAYS

Personal income decreased $29.1 billion, or 0.2 percent, and disposable personal income (DPI)
decreased $10.5 billion, or 0.1 percent, in February, according to the Bureau of Economic Analysis.
Personal consumption expenditures (PCE) increased $17.2 billion, or 0.2 percent. In January, personal
income increased $20.5 billion, or 0.2 percent, DPI increased $164.6 billion, or 1.6 percent, and PCE
increased $94.8 billion, or 1.0 percent, based on revised estimates.
Real disposable income decreased 0.4 percent in February, in contrast to an increase of 1.3 percent
in January. Real PCE decreased 0.2 percent, in contrast to an increase of 0.7 percent. The price index
for PCE increased 0.3 percent, the same increase as in January.
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