PCE Archive

Personal Income and Consumption, Employment reports and productivity

Full size image Highlights November was an uncertain month for the consumer in terms of sentiment. But in terms of hard numbers, it was a good month. Personal income rebounded 0.2 percent, following a 0.1 percent dip in October. But the important wages and salaries component improved to a 0.4 percent gain ...Read More

PCE/Personal Income

Very good, looks like continuing muddling through with moderate growth unemployment drifting lower in a few months when there are no more hours to add to the existing labor force. Welcome to Japan, Mr. US bond market? Ok market for stocks, especially with Euro zone risk fading. Just China h2 risk left, ...Read More

Data

[Skip to the end] Karim writes: Data ‘mixed’, with durables and income weak, but claims strong. New capital goods orders ex-aircraft and defense -2.9%; 3rd drop in 4mths Personal income 0.2%, but wage and salary income flat and down 3.6% y/y Core PCE deflator +0.2% m/m and 1.4% y/y Initial claims down ...Read More

2008-08-29 US Economic Releases

[Skip to the end] Personal Income MoM (Released 8:30 EST) Personal Income YoY (Released 8:30 EST) Personal Income TABLE 1 (Released 8:30 EST) Personal Income TABLE 2 (Released 8:30 EST) Personal Spending MoM (Released 8:30 EST) Personal Spending YoY (Released 8:30 EST) PCE Deflator YOY (Released 8:30 EST) PCE Core MoM (Released ...Read More

2008-08-28 US Economic Releases

[Skip to the end] GDP QoQ Annualized (Released 8:30 EST) GDP YoY Annualized (Released 8:30 EST) GDP Price Index (Released 8:30 EST) GDP ALLX (Released 8:30 EST) Personal Consumption (Released 8:30 EST) Core PCE QoQ (Released 8:30 EST) Personal Consumption ALLX 1 (Released 8:30 EST) Personal Consumption ALLX 2 (Released 8:30 EST) ...Read More

2008-06-26 Daily US Economic Releases

[Skip to the end] GDP QoQ Annualized (Released 8:30 EST) Personal Consumption (Released 8:30 EST) GDP Price Index (Released 8:30 EST) Core PCE QoQ (Released 8:30 EST) Initial Jobless Claims (Released 8:30 EST) Continiuing Jobless Claims (Released 8:30 EST) Help Wanted Index (Released 10:00 EST) Existing Home Sales (Released 10:00 EST) Existing ...Read More

2008-04-30 US Economic Releases

[skip to the end] MBAVPRCH Index (Released 7:00 EST) MBAVREFI Index (Released 8:15 EST) ADP Employment Change (Released 8:30 EST) GDP QoQ Annualized (Released 8:30 EST) Personal Consumption (Released 8:30 EST) GDP Price Index (Released 8:30 EST) Core PCE QoQ (Released 8:30 EST) Employment Cost Index (Released 8:30 EST) Chicago Purchasing Manager ...Read More

Updated January 31 month end report

Please excuse the mix of Bloomberg and Valance graphs. Comments welcome. Went blurry eyed trying to organize it all. Markets reacted strongly to Friday’s -17,000 non-farm payroll number. Several sources called it the first negative payroll number in 4 years. How quickly they forget the first negative number was the initial August ...Read More

GDP/ADP

From Karim: GDP slows from 4.9% to 0.6% Personal consumption slows from 2.8% to 2.5% DGO strength in Dec shows up in modest positive in equipment and software (+3.8%) Residential FI (housing) down 23.9% Core PCE up 2.7% annualized for quarter and 2.1% y/y Net exports add 0.4% to gwth Inventories a ...Read More

2008-01-25 Balance of Risks Update

Mainstream economics would put it this way: Inflation risk to long term growth vs short term growth risks So on the inflation side: CPI year over year up to 4.1% Core CPI 2.4% year over year, 2.9% month over month (2.5% high end of Fed’s comfort zone) Headline PCE deflator 3.6% year ...Read More