U.S. Personal Income and Spending Rise in January 2026, Savings Climb
U.S. personal income rose by $113.8 billion (0.4%) in January 2026, with disposable income up 0.9%. Personal consumption expenditures increased by $81.1 billion (0.4%), led by services, while real PCE rose 0.1%. The PCE price index gained 0.3% overall (0.4% ex-food/energy). Personal saving reached $1.05 trillion and the saving rate was 4.5%. The gains were driven by higher compensation, personal dividends, and a January cost-of-living adjustment boosting Social Security benefits. BEA also announced data-release modernization, moving to online interactive tables and discontinuing PDF/Excel releases after February 2026; next release is April 9, 2026.










