US Personal Income and Outlays for in April
Personal Income and Outlays, April 2026
On Thursday, the US Bureau of Economic Analysis (BEA) reported that personal income (PI) decreased less than $0.1 billion, or less than 0.1%, at a monthly rate in April. Disposable personal income (DPI)—personal income less personal current taxes—decreased $19.9 billion, or 0.1%. Personal consumption expenditures (PCE) increased $111.1 billion, or 0.5%.
Month-over-month, the PCE price index rose 0.4%. Excluding food and energy, the index rose 0.2%.
Year-over-year, the PCE price index rose 3.8% in April. Core PCE—excluding food and energy—was up 3.3%.
Personal outlays—the sum of PCE, personal interest payments, and personal current transfer payments—increased $114.0 billion in April. Personal saving was $611.7 billion, and the personal saving rate—personal saving as a percentage of DPI—was 2.6%.
The change in current-dollar personal income primarily reflected a decrease in farm proprietors’ income that was partly offset by an increase in compensation, the BEA said.
FEA compiles the Wood Markets News from various 3rd party sources to provide readers with the latest news impacting forest product markets. Opinions or views expressed in these articles do not necessarily represent those of FEA.