Personal Income, Consumption & Outlays for April 2011  The
personal income & outlays BEA economic report for April 2011 is
out. PCE or personal consumption expenditures increased 0.4%.
Personal Consumption Expenditures are part of GDP, which had
increased 2.2% for Q1. Take away inflation and PCE increased
0.1%. Real PCE, or personal consumption adjusted for inflation,
is what is used to imply real GDP growth. Today's report has
negative implications for Q2 2011 GDP.  Personal income
increased 0.4% in April. Below is personal income, not adjusted
for inflation, or price changes.    Disposable income is what is
left over after taxes. DPI or disposable income increased 0.3%
for April, but adjusted for inflation, was a big fat 0.0%. These
numbers include income of the uber-rich.     Below is real
disposable income per capita. Per capita means evenly
distributed per person.    Pretty flat monthly change huh? The
population in the U.S. increases approxminately 200,000 every
month. What sounds really good initially,