Personal income in the US jumped 21.1 percent month-over-month in March of 2021, rebounding from a revised 7 percent drop in February and above market expectations of a 20.3 percent gain. It is the biggest rise on record reflecting an increase in government social benefits as most of the Americans received stimulus checks under The American Rescue Plan Act. source: U.S. Bureau of Economic Analysis

Personal Income in the United States averaged 0.56 percent from 1959 until 2021, reaching an all time high of 21.10 percent in March of 2021 and a record low of -7 percent in February 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 2021.

Personal Income in the United States is expected to be 0.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Personal Income in the United States to stand at 0.60 in 12 months time. In the long-term, the United States Personal Income is projected to trend around 0.30 percent in 2022, according to our econometric models.

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United States Personal Income

Actual Previous Highest Lowest Dates Unit Frequency
21.10 -7.00 21.10 -7.00 1959 - 2021 percent Monthly
Current Prices, SA


Calendar GMT Actual Previous Consensus TEForecast
2021-01-29 01:30 PM Dec 0.6% -1.3% 0.1% 0.1%
2021-02-26 01:30 PM Jan 10% 0.6% 9.5% 8.5%
2021-03-26 12:30 PM Feb -7.1% 10.1% -7.3% -8%
2021-04-30 12:30 PM Mar 21.1% -7% 20.3% 20.5%
2021-05-28 12:30 PM Apr 21.1% -15% 4%
2021-06-25 12:30 PM May
2021-07-30 12:30 PM Jun
2021-08-27 12:30 PM Jul


News Stream
US Personal Income Rises The Most on Record
Personal income in the US jumped 21.1 percent month-over-month in March of 2021, rebounding from a revised 7 percent drop in February and above market expectations of a 20.3 percent gain. It is the biggest rise on record reflecting an increase in government social benefits as most of the Americans received stimulus checks under The American Rescue Plan Act.
2021-04-30
US Personal Income Falls at Record 7.1%
Personal income in the US declined 7.1 percent month-over-month in February of 2021, down from an upwardly revised 10.1 percent jump in January and compared to market expectations of a 7.3 percent drop. It is the biggest fall on record reflecting a decrease in government social benefits to persons. Within government social benefits, “other” social benefits, specifically the economic impact payments to households, decreased. The CRRSA Act authorized a round of direct economic impact payments that were mostly distributed in January.
2021-03-26
US Personal Income Rises More than Expected
Personal income in the US surged 10 percent month-over-month in January of 2021, accelerating from a 0.6 percent rise in December and beating market expectations of a 9.5 percent jump. It was the largest gain in income since April 2020, due to an increase in government social benefits to persons as payments were made to individuals from federal COVID-19 pandemic response programs. The increase in “other” benefits primarily reflected economic impact payments distributed through the CRRSA Act. Unemployment insurance also increased, reflecting an increase in pandemic unemployment compensation, including supplemental weekly payments to unemployment beneficiaries re-introduced by the CRRSA Act.
2021-02-26
US Personal Income Beats Forecast in December
US personal income rose by 0.6 percent from a month earlier in December of 2020, rebounding from a revised 1.3 percent slump in November and beating market consensus of a 0.1 percent increase supported by increases in government social benefits, compensation, and personal dividend income. At the same time, proprietors’ income decreased.
2021-01-29

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.