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.