American consumer spending increased by $78.7 billion, or 0.8%, in July compared to $36.6 billion, or 0.4%, in June, according to data released by the U.S. Bureau of Economic Analysis on Thursday.

The report also revealed that Americans’ personal income increased $60.2 billion, or 0.5%, and disposable personal income increased $63.9 billion, or 0.7%. In June, personal income increased $60 billion, or 0.6%; DPI increased $47.8 billion, or 0.5%.

Private wage and salary disbursements increased $33.9 billion in July, compared with an increase of $32.8 billion in June. Goods-producing industries’ payrolls increased $3.5 billion, compared with an increase of $8.0 billion; manufacturing payrolls increased $2.1 billion, compared with an increase of $3.6 billion. Services-producing industries’ payrolls increased $30.4 billion, compared with an increase of $24.8 billion. Government wage and salary disbursements increased $2.9 billion, compared with an increase of $3.5 billion.

Personal current taxes decreased $3.7 billion in July, in contrast to an increase of $12.3 billion in June. Disposable personal income — personal income less personal current taxes — increased $63.9 billion, or 0.7%, in July, compared with an increase of $47.8 billion, or 0.5%, in June.

Personal outlays — PCE, personal interest payments, and personal current transfer payments — increased $79.7 billion in July, compared with an increase of $41.0 billion in June. PCE increased $78.7 billion, compared with an increase of $36.6 billion.

Personal saving — DPI less personal outlays — was a negative $83.5 billion in July, compared with a negative $67.6 billion in June. Personal saving as a percentage of disposable personal income was a negative 0.9% in July, compared with a negative 0.7% in June.

Negative personal saving reflects personal outlays that exceed disposable personal income. Saving from current income may be near zero or negative when outlays are financed by borrowing (including borrowing financed through credit cards or home equity loans), by selling investments or other assets, or by using savings from previous periods.