Personal Income add Spending Flatten.

Personal Income and Outlays (August 2016)

– Personal Income month/month +0.2%. Previous was +0.4%
– Consumer Spending month/month +0.0%. Previous was +0.4%
– PCE Price Index month/month +0.1%. Previous was +0.0%
– Core PCE price index month/month +0.2%. Previous was +0.1%
– PCE Price Index year/year +1.0%. Previous was +0.8%
– Core PCE price index year/year +1.7%. Previous was +1.6%

Slow income growth + dead flat spending is not indicative of a healthy economy.

 

Chicago PMI (September 2016)

– Business Barometer Index 54.2. Previous was 51.5.

Consumer Sentiment (September 2016)

– Sentiment Index 91.2. Previous was 89.8.

The is the University of Michigan Sentiment Index. This is supposed to measure Consumer Spending in the next 3-6 months.