US Personal Income Growth Accelerates in April, Surges 0.8 Percent

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

U.S. dollar bills, credit cards, 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 nearly $25.86 trillion in April. This was up from the upwardly adjusted 0.7 percent jump in March.