According to the Bureau of Economic Analysis, personal and disposable personal income both increased 1.1 percent in February 2013 to $143.2 billion and $127.8 billion respectively.
Personal income and disposable income dropped 3.7 percent and 4 percent respectively in January, mostly due to the expiration of the payroll tax holiday and the acceleration of bonuses and personal dividends to December in anticipation of changes in individual tax rates, according to the BEA.
Personal saving was $310.9 billion in February compared with $262.5 billion in January. The personal saving rate—personal saving as a percentage of disposable personal income—was 2.6 percent in February, compared with 2.2 percent in January.
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