Personal Income and Outlays: April 2009

 

Disposable personal income increased $77.1 billion, or 0.7 percent, in April, following a decrease of $8.7 billion, or 0.1 percent, in March. ?EUR??,,????'??? Courtesy of www.gfn.org

People have more disposable income so that means their spending can help stimulate a recovery effort. Personal income increased $58.2 billion, or 0.5 percent, and disposable personal income (DPI) increased $121.8 billion, or 1.1 percent, in April. Personal consumption expenditures (PCE) decreased $5.4 billion, or 0.1 percent. In March, personal income decreased $25.9 billion, or 0.2 percent, DPI increased $8.2 billion, or 0.1 percent, and PCE decreased $33.0 billion, or 0.3 percent, based on revised estimates.