💰 US Personal Income & Spending
Personal Income, Consumer Spending (PCE), Savings Rate, and Real Disposable Income from FRED. MoM/YoY changes, savings trends, and income vs spending analysis. Monthly data since 1959.
Income vs Spending
📈 Personal Savings Rate
Percentage of disposable personal income saved. Historical average: 8.4%. All-time low: 1.4% (2005-07), All-time high: 31.8% (2020-04).
📊 Year-over-Year Growth
📋 Monthly Data
Understanding Personal Income & Spending
Personal Income (PI) measures total income received by individuals from all sources — wages, dividends, rent, government transfers. It's reported monthly by the BEA in billions of dollars (annualized).
Personal Consumption Expenditures (PCE) is the primary measure of consumer spending — goods and services purchased by households. The PCE price index is the Fed's preferred inflation gauge.
The Personal Saving Rate shows what percentage of disposable income is being saved. A falling rate may signal consumers are stretching to maintain spending, while spikes (like during COVID stimulus) indicate precautionary saving or reduced spending opportunities.
Real Disposable Personal Income (DSPIC96) adjusts for inflation and taxes, showing actual purchasing power over time.
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