31 July 2025, 17:20 USA: Personal Income Rebounds More than Expected.
US personal income rose by 0.3% month-over-month to $25.794 trillion in June 2025, rebounding from a 0.4% fall in May and above market expectations of a 0.2% increase. This primarily reflected a 1% rise in personal current transfer receipts and a 0.2% increase in proprietors' income with inventory valuation and capital consumption adjustments. Employee compensation also rose by 0.2% in June, due to both wages (0.1%) and supplements to wages (0.4%). At the same time, personal income receipts on assets were flat in June, as a 0.2% rise in personal interest income was outweighed by a 0.2% decrease in personal dividend income. Meanwhile, disposable personal income increased 0.3%, recovering from a 0.5% drop in May. Real disposable personal income was unchanged after a 0.7% decline.
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