Personal income increased $225.7 billion, or 1.9%, and disposable personal income increased $600.3 billion, or 5.7%, in May, according to the Bureau of Economic Analysis. Personal consumption expenditures increased $77.4 billion, or 0.8%.

In April, personal income increased $33.5 billion, or 0.3%, DPI increased $39.8 billion, or 0.4%, and PCE increased $41.1 billion, or 0.4%, based on revised estimates.

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