Roundup today’s stats: PCE Inflation, Personal Income & Spending, Dallas Fed Manufacturing
Posts Tagged ‘PCE Deflator’
Jobless Claims Up But Sub-400k (and rest of today’s stats)
Quick takes and charts on jobless claims, consumer inflation, mortgage applications, personal income/spending, durable goods orders.
Fundamentals 10/28: Consumer Inflation Flat
Personal Income and Expenses (September 2011) -Personal Income, Month/Month +0.1% -Personal Income, Year/Year +4.4% -Consumer Spending, Month/Month +0.6% -Consumer Spending, Year/Year change 5.3% -Core PCE price index, Month/Month +0.0% -Core PCE price index, Year/Year +1.6% -PCE is an inflation measure weighted by actual consumer spending. -Real Disposable Income is still flat as evidenced in this [...]
Fundamentals 8/2: Inflation Flat, Consumers Hesitant
Consumer Income, Spending, Inflation (June) -Personal Income Month/Month: +0.1% -Personal Income Year/Year: 5.0 % -Consumer Spending Month/Month: -0.2% -Consumer Spending Year/Year: 4.4% -Core PCE Price Index Month/Month: 0.1% -Core PCE Price Index Year/Year: 1.3% -”PCE” is Personal Consumption Expenditures: a measure of consumer inflation -Income grew by smallest amount in 9 months -Spending slowed first [...]
Fundamentals 6/27: Consumer Income, Inflation
Consumer Income, Spending, Inflation -Personal Income: Month-May 0.3% -Personal Income: Year-May 4.2% -Consumer Spending: Month-May 0.0% -Consumer Spending: Year-May 4.7% -Personal Savings Rate: Month-May 5.0% -All PCE price index: Month-May 0.2% -Core PCE price index: Month-May 0.3% -All PCE price index: Year-May 2.5% -Core PCE price index: Year-May 1.2% -PCE (Personal Consumption Expenditures) is inflation [...]
Fundamentals 5/27
Personal Income/Expenses: – Personal Income – Month/Month change 0.4% – Personal Income – Year/Year change 4.4% – Consumer Spending – M/M change 0.4% – Consumer Spending – Year/Year change 4.8% – Core PCE price index – Month/Month change 0.2% – Core PCE price index – Year/Year change 1.0% Income growth is fairly strong but being [...]
WeeklyBasis 4/30: Two Week Rate Party!
Rates ended last week near 2011 lows achieved March 16 when Japan’s earthquake aftermath and Libya’s revolution were both at highly uncertain stages. Mortgage and Treasury bonds were the safe bet then, and rates dropped as those bond prices rose on buying rallies. Bonds then sold and rates rose as markets shook off Japan and [...]
Higher Inflation & Pending Home Sales Leave Rates Flat
Stocks are up slightly and bonds are even today after slightly higher consumer inflation and better than expected pending home sales reports are washing each other out. This even-rate, higher-stock mood kicks off a big week of inflation, home price, and employment data that could push rates up. The Fed’s preferred measure of inflation, the [...]
Rates Even To Open Week. Consumer vs. Business Inflation Debate.
Flat consumer inflation and higher business inflation are canceling each other out this morning, leading to relatively flat mortgage bond trading. The result is rates (on 30yr fixed loans up to $417k) that are holding about 4.875%. We’ll discuss the debate between higher business inflation and flat consumer inflation throughout this week. For now here’s [...]
WeeklyBasis 2/26/11: Will Jobs Report Stump Markets Again?
Rates were down .25% last week, regaining much of the .375% rise of early-February. The North-African/Middle-Eastern uprising against dictators spread from Egypt to oil-producing Libya. Tensions grew last week as their leader Muammar Gaddafi fired repeatedly on his own citizens and made even crazier public statements than Charlie Sheen, the self-proclaimed man with fire-breathing fists. [...]
