US Personal Income Growth Accelerates in April, Surges 0.8 Percent

‘And it will only get better,’ says President Donald Trump.

U.S. dollar bills, credit, and debit cards in Washington on Oct. 4, 2024. Madalina Vasiliu/The Epoch Times

U.S. consumers earned more income, saved more money, and spent less in April, new U.S. government data show.

According to the Bureau of Economic Analysis, personal income rose by 0.8 percent, or $210.1 billion, to $25.858 trillion in April. This was up from the upwardly adjusted 0.7 percent jump in March.