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July 31, 2018US PERSONAL INCOME AND OUTLAY, JUNE 2018 
The US Bureau of Economic Analysis reports that US personal income increased $71.7 billion, or 0.4 per cent in June 2018 (seasonally adjusted levels at annualized rates) .
The increase in personal income in June primarily reflected increases in wages and salaries, and personal dividend income.
US personal disposable increased $65.3 billion, or 0.4 per cent in June 2018.
In real per capita terms, US disposable personal income increased $113.0 billion of Chained (2012) dollars or 0.3 per cent in June 2018.
US personal consumption expenditures increased $57.1 billion, or 0.4 per cent in June 2018
Personal savings (disposable personal income minus personal consumer expenditures, interest paid, and transfers to government and the rest of the world) was $1.05 billion, in June 2018.
The personal savings rate was 6.8 per cent of disposable income.
The estimates released today reflect the results of the 15th comprehensive update to the national income and product accounts.
Revisions to nonfarm proprietors' income for 2002-2017 primary reflect revisions to estimates of underreported income, based on newly available Internal Revenue Service (IRS) tax gap data. The average annual rate of growth of real disposable personal income was revised up 0.4 percentage points to 2.2 percent.
Source: US Bureau of Economic Analysis and Press Release
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