Personal income in the US rose by 0.2% month-over-month to $27,627 billion in August 2026, following a downwardly revised 0.3% increase in July and missing the expected 0.4% gain. The $66.6 billion increase in personal income in August mainly reflected higher compensation, led by private wages and salaries, and increased government social benefits, driven by Medicare and Social Security benefits. Meanwhile, disposable personal income went up by 0.3%, slowing from a 0.4% rise in July, while real disposable personal income was flat, compared with a 0.3% increase in the prior month.