Real Disposable Income

US Real Disposable Personal Income — Historical Chart

$18,056B

▲ 0.52% YoYJun 2026

All-Time High

$20,520B

All-Time Low

$2,318.4B

Data Since

1959

Source: FRED / BEAShaded = NBER recessions

Inflation-adjusted personal income after taxes, in billions of chained 2017 dollars. The true measure of consumer purchasing power. The COVID-era transfer payments caused the largest single-year spike in history (+12% in 2020), followed by real declines as inflation eroded purchasing power in 2021–2022.

Data is provided for informational purposes only and does not constitute investment advice. Past performance is not indicative of future results.