WASHINGTON — Personal income rose $50.3 billion, or 0.4%, in March, the Commerce Department reported Monday.

The March increase followed an upwardly revised 0.3% gain in February, originally reported as a 0.2% increase. The March rise was better than the median 0.3% increase estimated by economists polled by Thomson Reuters.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.