Real Disposable Income Per Capita Up 0.5% in February

With the release of February's report on personal incomes and outlays, we can now take a closer look at "real" disposable personal income per capita. At two decimal places, the nominal 0.83% month-over-month change in disposable income comes to 0.50% when we adjust for inflation, the largest monthly gain since January 2024. The year-over-year metrics are 3.63% nominal and 1.06% real.