The U.S. Bureau of Economic Analysis (BEA) has issued the following news release today:

Personal income increased $58.2 billion, or 0.5 percent, and disposable personal income (DPI) increased $121.8 billion, or 1.1 percent, in April, according to the Bureau of Economic Analysis. Personal consumption expenditures (PCE) decreased $5.4 billion, or 0.1 percent.

The full text of the release on BEA's Web site can be found at http://bit.ly/RjZ7W