Pending Home Sales down.

Personal Income and Outlays (August 2015)

– Personal Income month/month  +0.3%. Previous was +0.5%
– Consumer Spending month/month +0.4%. Previous was +0.4%
– PCE Price Index month/month  +0.0%. Previous was +0.0%
– 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    +1.3%. Previous was +1.2%

 
Pending Home Sales Index (August 2015)

– Pending Home Sales Index month/month  -1.4%. Previous was +0.5%
– Pending Home Sales Index – Level     109.4. Previous was 110.9

This is likely a seasonal effect.  August is a month for vacations.

 
Dallas Federal Reserve Manufacturing Survey (September 2015)

– Production Index   +0.9. Previous was -0.8
– General Activity Index    -9.5. Previous was -15.8.

This is a survey index of Texas manufacturers. Manufacturing in Texas is all about the oil industry and this report is a reminder of the what happens when commodity prices fall and production decreases.