Personal income increased by 0.8% in April, well ahead of the forecasted 0.3%, CNBC <a href="https://www.cnbc.com/2025/05/30/inflation-rate-slipped-to-2point1percent-in-april-lower-than-expected-feds-preferred-gauge-shows.html#:~:text=Personal%20income%20surged%200.8%25%2C%20a,inflation%20components%2C%20increased%200.4%25.">reported</a> on Friday.
In an X post on Friday, the White House’s Rapid Response account posted a report by CNBC’s Rick Santelli in which he showed the data that reveals the 0.8% increase.
<blockquote class="twitter-tweet">
CNBC: Personal income increased 0.8% in April — &#8220;almost TRIPLE the expectations.&#8221; 🔥
&#8220;They&#8217;re powerful numbers — up 0.6% in January, up 0.7% in February, up 0.5% last month, up 0.8% this month. This is a GREAT four-month start to any year.&#8221; <a href="https://t.co/s1Rx1KAYFl">pic.twitter.com/s1Rx1KAYFl</a>
— Rapid Response 47 (@RapidResponse47) <a href="https://twitter.com/RapidResponse47/status/1928436481044910168?ref_src=twsrc%5Etfw">May 30, 2025</a></blockquote>
“Personal income is up eight-tenths of a percent,” Santelli states. “That is almost triple the expectations. … When you look at income for the first four months of the year, they’re powerful numbers. Up six-tenths in January, up seven-tenths in February, up a half of 1% last month, and up eight-tenths this month. This is a great four month start to any year.”
Per the U.S. Bureau of Economic Analysis, personal income <a href="https://www.bea.gov/news/2025/personal-income-and-outlays-april-2025#:~:text=Personal%20income%20increased%20%24210.1%20billion,U.S.%20Bureau%20of%20Economic%20Analysis">increased</a> by $210.1 billion in April. Disposable personal income (DPI) increased by $189.4 billion, which is also 0.8%, and personal consumption expenditures (PCE) increased by $47.8 billion, which is 0.2%.
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In spite of this, consumer spending slowed, showing just a 0.2% increase in April. This is in line with the consensus, but is significantly less than its 0.7% increase in March. Consumers also showed more wary spending habits, as April’s personal savings were $1.12 trillion and the personal saving rate was 4.7%.
“The increase in current-dollar personal income in April primarily reflected increases in government social benefits to persons and in compensation,” the Bureau <a href="https://www.bea.gov/news/2025/personal-income-and-outlays-april-2025#:~:text=Personal%20income%20increased%20%24210.1%20billion,U.S.%20Bureau%20of%20Economic%20Analysis">wrote</a>. “The $47.8 billion increase in current-dollar PCE in April reflected an increase of $55.8 billion in spending on services that was partly offset by a decrease of $8.0 billion in spending for goods.”
In his report, Santelli revealed the impressive news that “eight-tenths is the strongest month-over-month jump since May of 2021, when it was 1.9%.”

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White House Celebrates Increase In Americans’ Personal Income: ‘Powerful Numbers’