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BEA News: Personal Income and Outlays, April 2023

BEA News: Personal Income and Outlays, April 2023

The U.S. Bureau of Economic Analysis (BEA) has issued the following news release today:

Personal income increased $80.1 billion (0.4 percent at a monthly rate) in April. Disposable personal income (DPI) increased $79.4 billion (0.4 percent). Personal outlays increased $156.0 billion (0.8 percent) and consumer spending increased $151.7 billion (0.8 percent). Personal saving was $802.1 billion and the personal saving rate—personal saving as a percentage of disposable personal income—was 4.1 percent in April.

The full text of the release can be found at: www.bea.gov/news/2023/personal-income-and-outlays-april-2023

Donato Pompo

Donato Pompo, CTC CMR CSI CDT MBA, is the leading tile and stone forensic expert and consultant in North America, and he is a National Tile Contractors Association Recognized Consultant. Donato is the founder of CTaSC.