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The U.S. Bureau of Economic Analysis reports that Real Disposable Income, income adjusted for taxes and inflation, increased 0.2 percent in April, the same increase as in March. Current-dollar disposable personal income (DPI), after-tax income, increased 0.4 percent in April after increasing 0.2 percent in March.

Personal income increased 0.3 percent in April after increasing 0.2 percent in March. Wages and salaries, the largest component of personal income, increased 0.4 percent in April after increasing 0.2 percent in March.

Real consumer spending (PCE), spending adjusted for price changes, increased 0.4 percent in April after increasing 0.5 percent in March. Spending on durable goods increased 0.3 percent in April after increasing 1.9 percent in March.

PCE prices increased 0.2 percent in April after showing no change in March. Excluding food and energy, PCE prices increased 0.2 percent in April, the same increase as in March.

Personal saving rate Personal saving as a percent of DPI was 2.8 percent in April following 3.0 percent in March.

For more information, read the full report.