FX.co ★ US Personal Income Rises More than Expected

In April 2025, US personal income experienced a significant increase, rising by 0.8% month-over-month to reach $25.858 trillion. This followed a revised gain of 0.7% in March and exceeded market predictions of a 0.3% rise. The notable increase was primarily fueled by a 2.8% surge in personal current transfer receipts, a rise from the previous month's 1.1% increase. Employee compensation saw a steady growth of 0.5%, maintaining the same rate as in March, with equal contributions from both wages and supplements to wages. Meanwhile, rental income remained unchanged after a 0.7% increase in March, and personal income receipts on assets declined by 0.4%, contrary to the previous month's 0.3% rise.