Index

Friday: Personal Income and Outlays

1 month ago   |   By Calculated Risk

Friday:
• At 8:30 AM ET,: Personal Income and Outlays, June 2020. The consensus is for a 0.3% decrease in personal income, and for a 0.7% increase in personal spending. And for the Core PCE price index to increase 0.6%.
• At 9:45 AM, Chicago Purchasing Managers Index for July.
• At 10:00 AM, University of Michigan's Consumer sentiment index. The consensus is for a reading of 80.8.
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Personal Income increased 0.1% in June, Spending increased 1.0%

Personal Income increased 0.1% in June, Spending increased 1.0%

1 month ago   |   By Calculated Risk

The BEA released the Personal Income and Outlays, June 2021 and Annual Update report:
Personal income increased $26.1 billion in June according to estimates released today by the Bureau of Economic Analysis. Disposable personal income decreased $2.6 billion and personal consumption expenditures increased $155.4 billion .
Real DPI decreased 0.5 percent in June and Real PCE increased 0.5 percent; goods decreased 0.2 percent and services increased 0.8 percent. The PCE price index increased 0.5 percent. Excluding food and energy, the PCE price index increased 0.4 percent.
emphasis added The...
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