FX.co ★ U.S. Personal Income Growth Cools Slightly in September, Signaling Softer Momentum

Personal income growth in the United States slowed modestly in September 2026, pointing to a slight easing in household income momentum as the fourth quarter approaches. According to the latest data updated on 29 October 2026, personal income rose 0.2% month-over-month in September, down from a 0.3% increase in August 2026.

On a month-over-month comparison basis, the September figure reflects a softer pace of income gains relative to the previous month, when August’s 0.3% rise had itself represented growth over July. The slowdown from 0.3% to 0.2% suggests that while incomes are still expanding, the rate of increase has moderated, a development that may have implications for consumer spending and the broader U.S. economic outlook going into late 2026.