Inflation Contained.

Personal Income and Outlays (July 2015)

– Personal Income month/month +0.4%. Previous was +0.4%.
– Consumer Spending  month/month  +0.3%. Previous was +0.3%
– PCE Price Index month/month  +0.1%. Previous was +0.2%
– Core PCE price index  month/month  +0.1%. Previous was +0.1%
– PCE Price Index year/year  +0.3%. Previous was +0.3%
– Core PCE price index year/year  +1.2%. Previous was +1.3%.

What we have is contained inflation and modest increases in Personal Income and Outlays.

 

 

Consumer Sentiment  (August 2015)

– Sentiment Index  91.9. Previous was 92.9.

This is the University of Michigan consumer sentiment index.  This is supposed to be a leading indicator of Consumer Spending.