US Real Disposable Personal Income is at a current level of 17.00T, up from 16.98T last month and up from 16.82T one year ago. This is a change of 0.11% from last month and 1.10% from one year ago.
The US Real Disposable Personal Income reflects the after-tax income available to US households adjusted for inflation, which can then be used for consumption or saving. This indicator is monitored by economists and investors to better gauge the health of the national economy. For example, by comparing the dollar amount that goes into savings from personal income compared to the total disposable personal income, economists can determine how much households are consuming in a certain period and how much of the disposable income goes into savings. In January 2013, as tax laws increased tax rates for higher-income households, there was a significant decrease in real disposable personal income from December 2012's $13.02 trillion to $12.27 trillion.
