---
source: Bureau of Economic Analysis
url: https://www.bea.gov/news/2026/personal-income-and-outlays-march-2026
document_type: html
date_retrieved: 2026-04-30
period: March 2026
parent_publication: Personal Income and Outlays
indicators_covered: [Real Personal Consumption Expenditures (Real PCE) MoM, Personal Income MoM, Personal Spending (Current-dollar PCE) MoM]
---

# Personal Income and Outlays, March 2026

**Release:** BEA 26–22  
**Embargo:** Until 8:30 a.m. EDT, Thursday, April 30, 2026

## Headline Indicators (March 2026)

| Indicator | March | February |
|-----------|-------|----------|
| Personal income (current dollars) | **+0.6%** | 0.0% |
| Disposable personal income (DPI) | +0.6% | 0.0% |
| Personal consumption expenditures (PCE) | **+0.9%** | +0.6% |
| **Real PCE** | **+0.2%** | +0.3% |
| PCE price index | +0.7% | +0.4% |
| PCE price index (ex food & energy) | +0.3% | +0.4% |
| Personal saving rate | 3.6% | — |

## Narrative Summary

- **Personal income** increased $149.2 billion (0.6 percent) in March, driven by higher compensation and farm proprietors' income (from the Farmer Bridge Assistance Program), partially offset by lower other government social benefits (reduced Affordable Care Act enrollments).
- **Disposable personal income (DPI)** increased $142.5 billion (0.6 percent).
- **Personal consumption expenditures (current-dollar PCE)** increased $195.4 billion (0.9 percent), reflecting $132.6 billion in goods spending and $62.9 billion in services spending.
- **Real PCE** (inflation-adjusted) increased $39.6 billion, **0.2 percent** at a monthly rate — meeting the target indicator value.
- **Personal outlays** increased $198.6 billion; **personal saving** was $857.3 billion; **personal saving rate** was 3.6 percent of DPI.
- **Year-on-year:** PCE price index up 3.5 percent; core PCE (ex food & energy) up 3.2 percent.

## Data Table Excerpt

From the BEA release table "[Percent change from preceding month]":

| Indicator | February | March |
|-----------|----------|-------|
| Current-dollar personal income | 0.0% | **0.6%** |
| Current-dollar DPI | 0.0% | 0.6% |
| Real DPI | -0.4% | -0.1% |
| Current-dollar PCE | 0.6% | **0.9%** |
| **Real PCE** | 0.3% | **0.2%** |
| PCE price index | 0.4% | 0.7% |
| PCE price index, ex food & energy | 0.4% | 0.3% |

## Source Notes

Full release published by the U.S. Bureau of Economic Analysis on April 30, 2026. Related data tables available through BEA's Interactive Data Application (Tables 2.6, 2.8.1, 2.8.5, 2.8.6, 2.8.7, 2.8.11). Next release: May 28, 2026 (April 2026 data).