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Data from U.S. Bureau of Economic Analysis. Forecasts by Sigmanomics Forecast Engine.
United StatesUS Personal Income MoM climbed to 0.6% in March 2026
U.S. Bureau of Economic AnalysisMonthlyReleased April 2026
US Personal Income MoM climbed to 0.6% in March 2026, released April 2026, up 0.6% from February's 0.0% reading. The print exceeded the 0.3% consensus by 0.3%. The print is running well above the 12-month average of 0.39%. Personal Income MoM is now the highest in 10 months.
Latest Release
0.6
Actual
0.3
Consensus
0
Previous
Median Absolute Error
±0.15 percentage points
across last 12 releases
Last Call
Mar 2026
Predicted: 0.6
Actual: 0.4
Error: +0.2
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| USD/CAD | ▼ Inverse | −0.57 | FOREX | Bearish USD | → View |
| AUD/USD | ▲ Direct | +0.39 | FOREX | Bullish AUD | → View |
| AAPL | ▲ Direct | +0.36 | STOCKS | Bullish AAPL | → View |
| XAU/USD | ▲ Direct | +0.34 | COMMODITIES | Bullish XAU | → View |
| NZD/USD | ▲ Direct | +0.33 | FOREX | Bullish NZD | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Personal Income MoM (United States) was reported at 0.6% in April 2026. This beat the market consensus of 0.3% by 0.3%. The reading rose from the previous value of 0%. Trailing 12-month context per ETL data through March 2026. Over the past 12 months, the indicator has averaged 0.33%, ranging from -0.4% to 0.8% across 8 releases. This is classified as a high-impact indicator released on a monthly basis.
WHY IT MATTERS
The trailing three releases averaged 0.37%, unchanged from the prior three. Volatility over the past year (σ 0.31%) is higher than the prior year (σ 0.22%). In March readings over the past 3 years, Personal Income MoM has averaged 0.5%.
THE MODEL'S TAKE
Historically, this indicator is negatively correlated with USD/CAD (Bearish USD). A secondary relationship exists with AUD/USD, positively correlated (Bullish AUD). Over the last 12 releases, the Sigmacast model's median absolute error is 0.15%.
WHAT TO WATCH NEXT
The next release is scheduled for May 28, 2026. Same-country events in the next 14 days include Chicago Fed National Activity Index (May 25) and Chicago Fed National Activity Index (May 26).
Auto-generated from current model state · Refreshes on each release · Last update March 2026.
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Personal Income MoM - US
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About Personal Income MoM — United States
DEFINITION
Personal Income MoM (Month-over-Month) is a key economic indicator that measures the change in the total income received by individuals in a given month compared to the previous month. This indicator provides valuable insights into the overall financial health of individuals and their ability to spend and save, which in turn impacts consumer spending and economic growth. It is closely monitored by policymakers, businesses, and investors as it reflects the current state of the economy and can help inform financial decisions.
WHY THIS INDICATOR MATTERS
Consumer activity accounts for the majority of GDP in advanced economies, making spending data a key cyclical signal for retail and discretionary sectors. Surprises against consensus can drive short-term moves, particularly when the print breaks an established trend. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Mar 2026): actual 0.6 %, consensus 0.3 %. Prior reading (Feb 2026): -0.1 %. Before that (Jan 2026): 0.4 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a higher reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bullish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary tailwind in the current projection. This indicator correlates most strongly with USD/CAD (Bearish USD, r=-0.57) — a useful reference for forex-focused traders.