THE BASIS POINT

Personal Income and Spending Flatten.

 

Personal Income and Outlays  (September 2015)


– Personal Income month/month  +0.1%. Previous was +0.4%
– Consumer Spending month/month  +0.1%. Previous was +0.4%
– PCE Price Index month/month  -0.1%. Previous was +0.0%
– Core PCE price index month/month +0.1%. Previous was +0.1%
– PCE Price Index year/year    +0.2%. Previous was +0.3%
– Core PCE price index year/year   +1.3%. Previous was +1.3%

Income, Spending and inflation were all down despite Wednesday’s FOMC statement saying “Household spending and business fixed investment have been increasing at solid rates in recent months.”
 

 

Employment Cost Index (3rdQ2015)

– ECI quarter/quarter +0.6%. Previous was +0.2%
– ECI year/year +2.0%. Previous was +2.0%.

 

 

Chicago PMI  (October 2015)

– Business Barometer Index 56.2. Previous was 48.7.

This is one of the few positive regional reports we have seen lately.

 
University of Michigan Consumer Sentiment  (October 2015)

– Sentiment Index 90.0. Previous was 92.1.

This is an index which surveys 500 households asking their opinions about the economy in an attempt to infer their spending in the next 3 months.

 

READ OUR NEWSLETTER

YOUR COMPETITORS ALREADY DO

Comments [ 0 ]

WHAT DID WE MISS? COMMENT BELOW.

All comments reviewed before publishing.

four × 1 =

x