Real personal income excluding current transfer receipts
Real personal income excluding current transfer receipts is income received by people before or after stated adjustments, reported as Billions of Chained 2017 Dollars.
17046.60
Billions of Chained 2017 Dollars
Real personal income excluding current transfer receipts — latest reading: 17046.60 billions of chained 2017 dollars. As of August 2026, it is up 0.8% over the past 12 months, well above its 10-year average. Source: W875RX1, US Bureau of Economic Analysis, published monthly. Reported as published, without transformation; the publisher may revise it. Higher than all but 1 of 812 readings since 1959-01-01. Last at or above this level on 2026-07-01.
Min
2426.00
Max
17059.80
Average
8376.71
10Y Percentile
99%
3M Change
+0.4%
Real personal income excluding current transfer receipts (W875RX1) — 812 observations from 1959-01-01 to 2026-08-01. Source: FRED, Federal Reserve Bank of St. Louis. Red shading indicates NBER recession periods.
Compare Real personal income excluding current transfer receipts with other indicators →
How these numbers changed
Every figure above is the current one. These are the same periods as first published — what Real personal income excluding current transfer receipts said on the day, before it was restated. Measured in Billions of Chained 2017 Dollars.
| Period | First print | Now | Change | Republished |
|---|---|---|---|---|
| Jul 2026 | 16614.7 | 17059.8 | +445.1 | 1× |
| Jun 2026 | 16606.1 | 17024.8 | +418.7 | 2× |
| May 2026 | 16564.1 | 16980.9 | +416.8 | 3× |
| Apr 2026 | 16525.8 | 16931.6 | +405.8 | 4× |
| Mar 2026 | 16686.9 | 17006.4 | +319.5 | 3× |
| Feb 2026 | 16678.7 | 16979.1 | +300.4 | 4× |
| Jan 2026 | 16740.9 | 16995.8 | +254.9 | 5× |
| Dec 2025 | 16644.2 | 16943.8 | +299.6 | 4× |
| Nov 2025 | 16667 | 16960.6 | +293.6 | 5× |
| Oct 2025 | 16646 | 16921.8 | +275.8 | 5× |
| Sep 2025 | 16742.6 | 16923.1 | +180.5 | 4× |
Real personal income excluding current transfer receipts for July 2026 first printed at 16614.7 on August 26, 2026, was revised once, and now reads up to 17059.8. Recompute any row from FRED's own vintage archive.
Macro Regime Context
The growth regime is currently late cycle (71% confidence).
See what this means across all four regime dimensions →3-Month
+0.4%
6-Month
+0.4%
12-Month
+0.8%
What this means
Real personal income excluding current transfer receipts is currently at 17046.60 billions of chained 2017 dollars, which is well above its 10-year historical average. The trend is stable (+0.4% over the past 3 months).
Over the past 6 months the change is +0.4%, and over 12 months it is +0.8%. The short-term pace is consistent with the longer trend.
Cite this page
MacroRadar, "Real personal income excluding current transfer receipts," https://www.macroradar.io/real-personal-income-excluding-current-transfer-receipts (as of August 2026).