Economic Impact Group, LLC Economic Data Brief
 
Growth & spending

Personal Income and Outlays — July 2026

Released August 27, 2026 · Bureau of Economic Analysis · full release · charts & history on EconomicsGuru
Personal income rose 0.4% in July 2026 to $27.1B, +3.7% from a year ago. Prior month: $27.0B. Prior periods were revised in 20 series — figures below reflect that.
Personal income
$27.1B
▲ +0.4% m/m
· +3.7% y/y
Consumer spending
$22.3B
▲ +0.2% m/m
· +5.9% y/y
Saving rate
3.0%
▲ +0.4 pp m/m
· −1.5 pp y/y
Core PCE prices
130.7
▲ +0.2% m/m
· +3.3% y/y

Revision check

REVISIONS DETECTED (20) — since last report. Every change below is calculated on the revised figures.
Personal saving rate · June 20262.7%→2.6%▼ −0.1 pp
Personal saving rate · April 20263.0%→2.9%▼ −0.1 pp
Durable goods · June 2026$2.4B→$2.4B▼ $0.0B
Nondurable goods · May 2026$4.5B→$4.5B▼ $0.0B
Services · June 2026$15.3B→$15.3B▲ +$0.1B
Services · May 2026$15.2B→$15.2B▲ $0.0B
Nondurable goods · June 2026$4.5B→$4.5B▼ $0.0B
Real personal income ex transfers · June 2026$16.6B→$16.6B▼ $0.0B
Personal consumption expenditures · June 2026$22.2B→$22.2B▲ $0.0B
Services · April 2026$15.1B→$15.1B▲ $0.0B
Durable goods · April 2026$2.4B→$2.4B▲ $0.0B
Durable goods · May 2026$2.4B→$2.4B▼ $0.0B
Real personal income ex transfers · May 2026$16.6B→$16.6B▼ $0.0B
Personal consumption expenditures · April 2026$21.9B→$21.9B▲ $0.0B
and 6 more smaller revisions (all of them are applied to the figures below).

Key figures

Headline →July 2026June 2026M/M chgM/M %Y/Y chgY/Y %12-period trend
Personal income
SAAR, billions of dollars
$27.1B$27.0B▲ +$0.1B▲ +0.4%▲ +$1.0B▲ +3.7%
 
 
 
 
 
 
 
 
 
 
 
 
 
Disposable personal income$23.9B$23.7B▲ +$0.1B▲ +0.5%▲ +$1.0B▲ +4.2%
 
 
 
 
 
 
 
 
 
 
 
 
 
Real disposable personal income (2017 $)$18.1B$18.1B▲ +$0.1B▲ +0.4%▲ +$0.1B▲ +0.5%
 
 
 
 
 
 
 
 
 
 
 
 
 
Personal consumption expendituresREVISED$22.3B$22.2B▲ $0.0B▲ +0.2%▲ +$1.2B▲ +5.9%
 
 
 
 
 
 
 
 
 
 
 
 
 
Personal saving rateREVISED3.0%2.6%▲ +0.4 pp—▼ −1.5 pp—
 
 
 
 
 
 
 
 
 
 
 
 
 
Trend bars show year-over-year % change for index series, the level for rates and survey indexes over the last 13 periods; the latest period is highlighted.
Prices →July 2026June 2026M/M chgM/M %Y/Y chgY/Y %12-period trend
PCE price indexREVISED131.7131.5▲ +0.2▲ +0.2%▲ +4.7▲ +3.7%
 
 
 
 
 
 
 
 
 
 
 
 
 
Core PCE price indexREVISED130.7130.3▲ +0.3▲ +0.2%▲ +4.2▲ +3.3%
 
 
 
 
 
 
 
 
 
 
 
 
 
Trend bars show year-over-year % change over the last 13 periods; the latest period is highlighted.

What stood out

  • The 0.6% monthly drop in Nondurable goods is the biggest since January 2024.
  • The 0.2% monthly gain in Real personal income ex transfers is the biggest since July 2025.
  • Real disposable personal income (2017 $): 3 straight months of increase.

Full detail

Show every category and subcategory
Full detail — spending by type →July 2026June 2026M/M chgM/M %Y/Y chgY/Y %
Durable goodsREVISED$2.4B$2.4B▼ $0.0B▼ −1.0%▲ +$0.1B▲ +4.4%
Nondurable goodsREVISED$4.5B$4.5B▼ $0.0B▼ −0.6%▲ +$0.2B▲ +5.4%
ServicesREVISED$15.4B$15.3B▲ +$0.1B▲ +0.6%▲ +$0.9B▲ +6.3%
Real personal income ex transfersREVISED$16.6B$16.6B▲ $0.0B▲ +0.2%▼ −$0.1B▼ −0.4%

Sources

Economic Impact Group, LLC
Economic research for developing communities
Prepared 2026-08-27 00:35 UTC. Green marks an increase, red a decrease — direction only, not good or bad.