Personal Income (PI)

Personal income includes wages and salaries, bonuses, business income, rental income, dividends, interest, and transfer payments such as government benefits. It is a broad measure of income received by households or individuals before taxes.

Disposable Personal Income (DSPI)

Personal Disposable Income is calculated by taking personal income and subtracting personal income taxes, leaving after-tax income. This is the money available for consumption, saving, debt repayment, or investment.

Personal Consumption Expenditures (PCE)

Personal saving as a percentage of disposable personal income (A072RC1Q156SBEA)

Personal saving as a percentage of disposable personal income is the share of after-tax income that households do not spend. In plain terms, it is the saving rate: disposable income minus spending, expressed as a percent of disposable income