disposable personal income

1. The total amount of money available for an individual or population to spend or save after taxes have been paid. As an economic measure it is abbreviated DPI.

Example Sentences

Student loan repayments resumed in October, which economists estimated was equal to roughly $70 billion, or around 0.3% of disposable personal income, and could dent spending.

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Goldman Sachs estimates that the resumption of payments in full would be equal to roughly $70 billion, or around 0.3% of disposable personal income.

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"If we keep adding jobs at the lower end of the wage spectrum, but losing jobs at a higher end, that will lead to a significant slowdown in terms of growth in disposable personal income," said Yelena Shulyatyeva, a senior economist at BNP Paribus in New York.

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Researchers cited a 19.4% decline in the S&P 500 index, flat disposable personal income growth and high inflation as factors in the 2022 drop.

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The U.S. savings rate as a percentage of disposable personal income rose dramatically, hitting a record 33 percent in April 2020.

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