Personal income increased by 0.8% in April, well ahead of the forecasted 0.3%, CNBC reported on Friday.
In an X post on Friday, the White House’s Rapid Response account posted a report by CNBC’s Rick Santelli in which he showed the data that reveals the 0.8% increase.
CNBC: Personal income increased 0.8% in April — “almost TRIPLE the expectations.” 🔥
“They’re powerful numbers — up 0.6% in January, up 0.7% in February, up 0.5% last month, up 0.8% this month. This is a GREAT four-month start to any year.” pic.twitter.com/s1Rx1KAYFl
— Rapid Response 47 (@RapidResponse47) May 30, 2025
“Personal income is up eight-tenths of a percent,” Santelli states. “That is almost triple the expectations. … When you look at income for the first four months of the year, they’re powerful numbers. Up six-tenths in January, up seven-tenths in February, up a half of 1% last…