US Personal Income Posts Surprise Decline âšī¸
US personal income decreased by 0.4% in May 2025, marking the first decline since September 2021, with drops in transfer receipts and proprietors' income, while employee compensation marginally rose.
Macroeconomic indicators suggest potential economic slowdown with reduced personal income, which could signal decreased consumer spending and economic contraction. The decline in transfer receipts and proprietors' income indicates broader economic pressures.