Real Disposable Income Per Capita Up 0.5% in March

Published on April 30, 2025

With the release of March'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 0.42% month-over-month change in disposable income comes to 0.46% when we adjust for inflation, the largest monthly gain since January 2024. The year-over-year metrics are 3.33% nominal and 1.01% real.

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