FX.co ★ U.S. Personal Income Growth Cools Slightly in December, Easing to 0.3% Month-over-Month

U.S. personal income growth slowed modestly in December 2025, rising 0.3% month-over-month compared with a 0.4% increase in November 2025. The latest data, updated on 20 February 2026, indicate a slight deceleration in the pace at which Americans’ incomes are expanding at the close of the year.

On a month-over-month basis, the “actual” December reading reflects income growth relative to November, while the “previous” figure captures November’s increase compared with October. The step down from 0.4% to 0.3% suggests income gains remain positive but are losing a bit of momentum, a development that may feed into expectations for consumer spending and broader economic activity in early 2026.