Market Movers, Big Day of Economic Reports Ahead
Full Slate of Impactful Economic Reports Set to Be Released. US Economy Personal Income .6% expected .9% Consumer Sentiment 67 expected 66.4 Consumer Spending Up 1.8% expected 1.3% January PCE Up 4.7% New Home Sales 670,000 Beating Expected 620,000 Commodities USDA Export Sales Click for report Cold Storage 2:00 (CST) Cattle on Feed 2:00 […]
Income Up, Spending Down, Ahead of Fed Meeting
Personal Income Increased, Spending Drops. Personal income increased $49.5 billion (0.2 percent) in December, according to estimates released today by the Bureau of Economic Analysis. Disposable personal income (DPI) increased $49.2 billion (0.3 percent) and personal consumption expenditures (PCE) decreased $41.6 billion (0.2 percent). The PCE price index increased 0.1 percent. Excluding food and energy, the PCE price index increased […]