Trade Desk Thoughts - Personal Spending, Personal Income
Trade Desk Thoughts - Personal Spending, Personal Income
Core PCE Price Index (Nov) Actual 0.0%, Expected 0.0%, Previous 0.0%
Personal Spending (Nov) Actual -0.6%, Expected -0.8%, Previous -1.0%
Personal Income (Nov) Actual -0.2%, Expected 0.1%, Previous 0.1% (Revised from 0.3%)
Release Explanation: Core Personal Consumption Expenditures (PCE) measures price changes in Consumer goods and services excluding food and […]
US Personal Spending Contracts for 5th Straight Month as Jobless Claims Hold Near 26-Year Highs
US Personal Spending Contracts for 5th Straight Month as Jobless Claims Hold Near 26-Year Highs
The US dollar has edged lower this morning, but for what it’s worth, the majors remain range bound amidst low volume trading ahead of the holidays. Focusing on EUR/USD in particular, the pair has been trading within a 200 point range since […]
U.S.: Spending Could Have Been Worse
U.S.: Spending Could Have Been WorsePersonal spending shrank by 0.6% in November, but real personal spending managed to grow by 0.6% due to falling prices Personal income turned negative for the first time in four months, though again the real figure was better, up by 1.0% The core PCE deflator was flat as expected, and […]