Personal income increased $69.5 billion (0.3 percent at a monthly rate) in June, according to estimates released today by the Bureau of Economic Analysis (table 3 and table 5). Disposable personal income (DPI), personal income less personal current taxes, increased $67.5 billion (0.3 percent) and personal consumption expenditures (PCE) increased $100.4 billion (0.5 percent). The PCE price index increased 0.2 percent. Excluding food and energy, the PCE price index also increased 0.2 percent (table 9). Real DPI increased 0.2 percent in June and real PCE increased 0.4 percent; goods increased 0.9 percent and services ... (full story)