Description
The U.S. Real Disposable Personal Income is released by the Bureau of Economic Analysis (BEA) and measures the total amount of income available to U.S. residents after taxes, adjusted for inflation. This indicator reflects the real purchasing power that households have available for consumption and savings, making it a crucial metric for assessing consumer spending capacity and the potential for economic growth.
An increase in real disposable personal income typically indicates stronger purchasing power, which can drive consumption growth and economic expansion. Conversely, a decrease in real disposable personal income may signal weakening purchasing power, which could dampen consumption and economic activity.
This data is released monthly, providing insights into changes in real disposable personal income for U.S. residents over the past year.