BELLINGS

Personal Income and Outlays, May 2026

Personal income increased $181.6 billion (0.7 percent at a monthly rate) in May, according to estimates released today by the U.S. Bureau of Economic Analysis (BEA). Disposable personal income (DPI)-personal income less personal current taxes-increased $164.9 billion (0.7…

Personal income increased $181.6 billion (0.7 percent at a monthly rate) in May, according to estimates released today by the U.S. Bureau of Economic Analysis (BEA). Disposable personal income (DPI)-personal income less personal current taxes-increased $164.9 billion (0.7…

BELLINGS Intelligence Score: 72

Why it matters

The May 2026 Personal Income and Outlays report is a key monthly macroeconomic data release that can materially shift Fed rate expectations and thus directly impacts borrowing costs and credit conditions for sophisticated finance professionals.