US personal income increased by 0.7% month-over-month in May 2026, surpassing market expectations of a 0.4% rise and accelerating from a flat reading in April. It marked the strongest monthly gain since July 2025, driven largely by a surge in farm proprietors' income, which rose by $59.6 billion following payments under the American Relief Act of 2025. During the month, the USDA issued a second round of Supplemental Disaster Relief Program payments to producers. Proprietors' income with inventory valuation and capital consumption adjustments rose by $84.6 billion, while employee compensation increased by $66.8 billion, including a $57.1 billion gain in wages and salaries. Private-sector wages climbed by $48.7 billion, while government wages increased by $8.4 billion. Meanwhile, disposable personal income rose 0.7%, or $164.9 billion, rebounding from a 0.1% decline in April. Real disposable personal income also increased by 0.3%, following a 0.5% drop in the previous month. source: U.S. Bureau of Economic Analysis

Personal Income in the United States increased 0.70 percent in May of 2026 over the previous month. Personal Income in the United States averaged 0.53 percent from 1959 until 2026, reaching an all time high of 20.80 percent in March of 2021 and a record low of -12.90 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 June of 2026.

Personal Income in the United States increased 0.70 percent in May of 2026 over the previous month. Personal Income in the United States is expected to be 0.20 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 0.40 percent in 2027, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-05-28 12:30 PM
Personal Income MoM
Apr 0% 0.5% 0.4% 0.5%
2026-06-25 12:30 PM
Personal Income MoM
May 0.7% 0% 0.4% 0.3%
2026-07-30 12:30 PM
Personal Income MoM
Jun 0.7% 0.2%


Related Last Previous Unit Reference
Consumer Spending 16687.70 16665.20 USD Billion Mar 2026
Disposable Personal Income 23472.20 23492.10 USD Billion Apr 2026
Personal Income MoM 0.70 0.00 percent May 2026
Personal Savings 3.00 3.00 percent May 2026
Personal Spending MoM 0.70 0.40 percent May 2026
Real Personal Spending MoM 0.30 0.00 percent May 2026


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
0.70 0.00 20.80 -12.90 1959 - 2026 percent Monthly
Current Prices, SA

News Stream
US Personal Income at 10-Month High
US personal income increased by 0.7% month-over-month in May 2026, surpassing market expectations of a 0.4% rise and accelerating from a flat reading in April. It marked the strongest monthly gain since July 2025, driven largely by a surge in farm proprietors' income, which rose by $59.6 billion following payments under the American Relief Act of 2025. During the month, the USDA issued a second round of Supplemental Disaster Relief Program payments to producers. Proprietors' income with inventory valuation and capital consumption adjustments rose by $84.6 billion, while employee compensation increased by $66.8 billion, including a $57.1 billion gain in wages and salaries. Private-sector wages climbed by $48.7 billion, while government wages increased by $8.4 billion. Meanwhile, disposable personal income rose 0.7%, or $164.9 billion, rebounding from a 0.1% decline in April. Real disposable personal income also increased by 0.3%, following a 0.5% drop in the previous month.
2026-06-25
US Personal Income Stalls in April
US personal income was unchanged month-over-month in April 2026, falling short of market expectations for a 0.4% increase and following a slightly downwardly revised 0.5% gain in March. The flat reading was largely due to a $61.7 billion drop in farm proprietors’ income, reflecting lower payments under the Farmer Bridge Assistance Program after applications closed in mid-April. Proprietors’ income with inventory valuation and capital consumption adjustments also fell by $57.8 billion. The decline was partly offset by a $39.6 billion increase in compensation, including a $32.4 billion rise in wages and salaries. Private-sector wages and salaries increased by $28.5 billion, while government wages and salaries rose by $3.9 billion. Meanwhile, disposable personal income fell 0.1%, or $19.9 billion, after rising 0.5% in the previous month. Real disposable personal income declined 0.5%, deepening from an upwardly revised 0.2% decrease in March.
2026-05-28
US Personal Income Rises More Than Expected
US personal income rose by 0.6% month-over-month in March 2026, exceeding market expectations of a 0.3% increase, after showing no growth in February. This marked the biggest monthly gain since July 2025, driven primarily by a $64.3 billion rise in compensation, including a $56.1 billion increase in wages and salaries. Farm proprietors’ income also climbed by $60.2 billion. Income receipts on assets rose by $17.4 billion, largely reflecting a $14.9 billion increase in personal dividend income. Current transfer receipts grew by $7.5 billion, led by a $6.9 billion increase in government social benefits. Disposable personal income increased by 0.6% after a flat reading in the previous month. Real DPI edged down by 0.1%, following a 0.4% decline in February.
2026-04-30