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.