US Personal Income Beats Expectations

2025-12-05 15:05 By Dongting Liu 1 min. read

US personal income rose 0.4% month-over-month to $26.397 trillion in September 2025, matching August’s pace and beating market expectations of 0.3%.

This marked the fourth consecutive monthly increase in personal income, driven primarily by a rise in compensation of employees (+0.4%), with both wages (+0.4%) and supplements to wages (+0.4%) contributing.

Personal income receipts on assets rebounded (0.6% vs -0.1%), supporting overall income growth.

In contrast, proprietors' income with inventory valuation and capital consumption returned to decline (-0.1% vs 0.6%), while the rental income of persons with capital consumption adjustment (0.1% vs 0.2%) and personal current transfer receipts (0.3% vs 0.8%) showed more moderate growth.

Therefore, disposable personal income rose 0.3% in September, easing from August’s 0.4% gain, while real disposable personal income edged up 0.1%, unchanged from August.



News Stream
US Personal Income Rises Slightly Less Than Anticipated
US personal income rose by 0.3% month-over-month to $26.403 trillion in November 2025, following a 0.1% increase in October and slightly below analysts' estimates of a 0.4% advance. This marked the sixth consecutive monthly increase in personal income, primarily reflecting a rise in compensation of employees (+0.4%), as both wages (+0.4%) and supplements to wages (+0.3%) edged higher. Additionally, personal dividend income rose by 0.6%, rebounding from a similar decrease in the prior month. Meanwhile, disposable personal income increased at a faster 0.3%, compared to 0.1% in October. Real disposable personal income edged up by 0.1%, after a 0.1% fall in the prior month.
2026-01-22
US Personal Income Beats Expectations
US personal income rose 0.4% month-over-month to $26.397 trillion in September 2025, matching August’s pace and beating market expectations of 0.3%. This marked the fourth consecutive monthly increase in personal income, driven primarily by a rise in compensation of employees (+0.4%), with both wages (+0.4%) and supplements to wages (+0.4%) contributing. Personal income receipts on assets rebounded (0.6% vs -0.1%), supporting overall income growth. In contrast, proprietors' income with inventory valuation and capital consumption returned to decline (-0.1% vs 0.6%), while the rental income of persons with capital consumption adjustment (0.1% vs 0.2%) and personal current transfer receipts (0.3% vs 0.8%) showed more moderate growth. Therefore, disposable personal income rose 0.3% in September, easing from August’s 0.4% gain, while real disposable personal income edged up 0.1%, unchanged from August.
2025-12-05
US Personal Income Rises Slightly More than Expected
US personal income increased by 0.4% month-over-month to $26.280 trillion in August 2025, the same pace as in July and just above market forecasts o a 0.3% rise. This marked the third consecutive monthly increase in personal income, primarily reflecting growth in employee compensation (+0.3%) due to both wages (+0.3%) and supplements to wages (+0.4%). At the same time, personal current transfer receipts rose 0.6% in August, after showing no change in the prior month. Increases were also seen for proprietors' income with inventory valuation and capital consumption (0.9% vs 0.9%); rental income of persons with capital consumption adjustment (0.4% vs 0.2%) and personal income receipts on assets (0.1% vs 0.2%). Meanwhile, disposable personal income increased 0.4%, matching July's pace. Real disposable personal income edged up by 0.1%, after a 0.2% rise in the prior month.
2025-09-26