Personal income increased $86.2 billion (0.3 percent at a monthly rate) in December, according to estimates released today by the U.S. Bureau of Economic Analysis. Disposable personal income (DPI)—personal income less personal current taxes—increased $75.7 billion (0.3 percent), and personal consumption expenditures (PCE) increased $91.0 billion (0.4 percent). This report for December 2025, originally scheduled for January 29, 2026, was rescheduled due to the October–November 2025 government shutdown. Personal outlays—the sum of PCE, personal interest payments, and personal current transfer payments—increased $90.2 ... (full story)

A key inflation gauge accelerated in December, a sign that many prices are still rising more quickly than most Americans would prefer — and faster than the Federal Reserve’s target of 2% a year. Prices rose 0.4% in December from the previous month, up from 0.2% in November, the Commerce Department said Friday in a report that was delayed by the six-week government shutdown last fall. Compared with a year ago, inflation rose 2.9% in December, up from 2.8% in November. Core prices — which exclude the volatile food and energy categories — also rose 0.4% in December from the previous month, up from 0.2% in November. Core ... (full story)