US Personal Income and Outlays for June
Personal Income and Outlays, June 2025
On Thursday, the US Bureau of Economic Analysis (BEA) reported that personal income rose by $71.4 billion, or 0.3%, at a monthly rate in June. Disposable personal income (DPI)—personal income less personal current taxes—increased by $61.0 billion, or 0.3%. Personal consumption expenditures (PCE) rose by $69.9 billion, also up 0.3%.
The PCE price index increased 0.3% in June. Excluding food and energy, the index also rose 0.3%.
Year-over-year, the PCE price index was up 2.6%. Excluding food and energy, the index increased 2.8%.
Personal outlays—the sum of PCE, personal interest payments, and personal current transfer payments—increased by $69.5 billion in June. Personal saving totaled $1.01 trillion, and the personal saving rate—personal saving as a percentage of disposable personal income—was 4.5%.
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