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Economic Data Brief |
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Growth & spending
Personal Income and Outlays — September 2026
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| Personal income rose 0.2% in September 2026 to $27,707.8B, +4.1% from a year ago. Prior month: $27,653.4B. Prior periods were revised in 18 series — figures below reflect that. | |
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Personal income
$27,707.8B
▲ +0.2% m/m · +4.1% y/y
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Consumer spending
$22,452.8B
▲ +0.5% m/m · +6.3% y/y
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Saving rate
3.8%
▼ −0.2 pp m/m · −1.3 pp y/y
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Core PCE prices
130.9
▲ +0.3% m/m · +3.1% y/y
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| Revision check| REVISIONS DETECTED (18) — since last report. Every change below is calculated on the revised figures. | | Personal saving rate · August 2026 | 4.1% | → | 4.0% | ▼ −0.1 pp | | Personal saving rate · July 2026 | 4.6% | → | 4.5% | ▼ −0.1 pp | | Durable goods · August 2026 | $2,443.6B | → | $2,436.1B | ▼ −$7.4B | | Services · August 2026 | $15,358.9B | → | $15,396.0B | ▲ +$37.1B | | Nondurable goods · July 2026 | $4,439.9B | → | $4,449.4B | ▲ +$9.5B | | Services · July 2026 | $15,282.2B | → | $15,303.9B | ▲ +$21.6B | | Personal consumption expenditures · August 2026 | $22,308.5B | → | $22,339.7B | ▲ +$31.1B | | Personal consumption expenditures · July 2026 | $22,117.7B | → | $22,146.0B | ▲ +$28.3B | | Real personal income ex transfers · August 2026 | $17,046.6B | → | $17,068.4B | ▲ +$21.8B | | Durable goods · July 2026 | $2,395.6B | → | $2,392.8B | ▼ −$2.8B | | Personal income · August 2026 | $27,626.9B | → | $27,653.4B | ▲ +$26.4B | | Disposable personal income · August 2026 | $24,223.2B | → | $24,236.3B | ▲ +$13.2B | | Real personal income ex transfers · July 2026 | $17,059.8B | → | $17,068.3B | ▲ +$8.5B | | Personal income · July 2026 | $27,560.3B | → | $27,570.0B | ▲ +$9.7B | | and 4 more smaller revisions (all of them are applied to the figures below). |
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Key figures| Headline → | September 2026 | August 2026 | M/M chg | M/M % | Y/Y chg | Y/Y % | 12-period trend |
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| Personal incomeREVISED SAAR, billions of dollars | $27,707.8B | $27,653.4B | ▲ +$54.5B | ▲ +0.2% | ▲ +$1,102.9B | ▲ +4.1% | | | Disposable personal incomeREVISED | $24,289.0B | $24,236.3B | ▲ +$52.7B | ▲ +0.2% | ▲ +$1,076.2B | ▲ +4.6% | | | Real disposable personal income (2017 $)REVISED | $18,366.1B | $18,416.2B | ▼ −$50.1B | ▼ −0.3% | ▲ +$173.3B | ▲ +1.0% | | | Personal consumption expendituresREVISED | $22,452.8B | $22,339.7B | ▲ +$113.1B | ▲ +0.5% | ▲ +$1,326.3B | ▲ +6.3% | | | Personal saving rateREVISED | 3.8% | 4.0% | ▼ −0.2 pp | — | ▼ −1.3 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 → | September 2026 | August 2026 | M/M chg | M/M % | Y/Y chg | Y/Y % | 12-period trend |
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| PCE price index | 132.3 | 131.6 | ▲ +0.6 | ▲ +0.5% | ▲ +4.7 | ▲ +3.6% | | | Core PCE price index | 130.9 | 130.5 | ▲ +0.4 | ▲ +0.3% | ▲ +4.0 | ▲ +3.1% | | | Trend bars show year-over-year % change over the last 13 periods; the latest period is highlighted. |
What stood out- Personal saving rate: lowest since October 2022 (47 months).
Full detailShow every category and subcategory| Full detail — spending by type → | September 2026 | August 2026 | M/M chg | M/M % | Y/Y chg | Y/Y % |
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| Durable goodsREVISED | $2,422.5B | $2,436.1B | ▼ −$13.6B | ▼ −0.6% | ▲ +$142.2B | ▲ +6.2% | | Nondurable goodsREVISED | $4,556.2B | $4,507.5B | ▲ +$48.7B | ▲ +1.1% | ▲ +$287.0B | ▲ +6.7% | | ServicesREVISED | $15,474.1B | $15,396.0B | ▲ +$78.1B | ▲ +0.5% | ▲ +$897.1B | ▲ +6.2% | | Real personal income ex transfersREVISED | $17,015.2B | $17,068.4B | ▼ −$53.2B | ▼ −0.3% | ▲ +$92.0B | ▲ +0.5% |
Sources |
Economic Impact Group, LLC Economic research for developing communities
Prepared 2026-10-29 13:31 UTC. Green marks an
increase, red a decrease — direction only, not good or bad.
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