Personal income in the United States increased 0.5 percent from a month earlier in March 2022, following a revised 0.7 percent growth in February and beating market expectations of a 0.4 percent gain, reflecting an increase in compensation, proprietors' income, personal income receipts on assets, and government social benefits. The rise in compensation reflected increases in private and government wages and salaries. The increase in proprietors' income was due to increased crop and livestock prices. Personal interest income drove the increase in individual income receipts on assets. Medicare and Medicaid were the driving forces behind the increase in government social benefits. source: U.S. Bureau of Economic Analysis

Personal Income in the United States averaged 0.54 percent from 1959 until 2022, reaching an all time high of 21 percent in March of 2021 and a record low of -13.30 percent in April of 2021. This page provides the latest reported value for - United States Personal Income - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United States Personal Income - data, historical chart, forecasts and calendar of releases - was last updated on May of 2022.

Personal Income in the United States is expected to be 0.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United States Personal Income is projected to trend around 0.60 percent in 2023 and 0.30 percent in 2024, according to our econometric models.

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United States Personal Income



Calendar GMT Actual Previous Consensus TEForecast
2022-03-31 12:30 PM Feb 0.5% 0.1% 0.5% 0.6%
2022-04-29 12:30 PM Mar 0.5% 0.7% 0.4% 0.4%
2022-05-27 12:30 PM Apr 0.5% 0.6% 0.6%


Related Last Previous Unit Reference
Consumer Spending 13911.55 13818.36 USD Billion Mar 2022
Disposable Personal Income 18519.83 18360.78 USD Billion Mar 2022
Personal Spending 1.10 0.60 percent Mar 2022
Personal Income 0.50 0.70 percent Mar 2022
Personal Savings 6.20 6.80 percent Mar 2022

United States Personal Income
Personal Income refers to the income that persons receive in return for their provision of labor, land, and capital used in current production, plus current transfer receipts less contributions for government social insurance.
Actual Previous Highest Lowest Dates Unit Frequency
0.50 0.70 21.00 -13.30 1959 - 2022 percent Monthly
Current Prices, SA

News Stream
US Personal Income Rises More than Forecast
Personal income in the United States increased 0.5 percent from a month earlier in March 2022, following a revised 0.7 percent growth in February and beating market expectations of a 0.4 percent gain, reflecting an increase in compensation, proprietors' income, personal income receipts on assets, and government social benefits. The rise in compensation reflected increases in private and government wages and salaries. The increase in proprietors' income was due to increased crop and livestock prices. Personal interest income drove the increase in individual income receipts on assets. Medicare and Medicaid were the driving forces behind the increase in government social benefits.
2022-04-29
US Personal Income Rises 0.5% in February
Personal income in the United States increased 0.5 percent from a month earlier in February 2022, following a revised 0.1 percent growth in January and matching market expectations, as a rise in compensation offset a decrease in government social benefits. The increase in compensation reflected gains in private and government wages and salaries. In contrast, a reduction in “other” benefits within government social benefits was partly offset by increases in Medicare and Medicaid.
2022-03-31
US Personal Income Unchanged in January
Personal income in the United States was unchanged in January of 2022, following a revised 0.4 percent growth in December, while analysts expected it to fall 0.3 percent, as an increase in compensation partly offset by a decrease in government social benefits. The rise in compensation reflected gains in both private and government wages and salaries.
2022-02-25