- Personal Income MoM (Released 8:30 EST)
- Personal Income YoY (Released 8:30 EST)
- Personal Income ALLX (Released 8:30 EST)
- Personal Spending (Released 8:30 EST)
- PCE Deflator YoY (Released 8:30 EST)
- PCE Core MoM (Released 8:30 EST)
- PCE Core YoY (Released 8:30 EST)
- U of Michigan Confidence (Released 10:00 EST)
- U of Michigan Confidence TABLE Inflation Expectations (Released 10:00 EST)
Personal Income MoM (Feb)
| Survey | -0.1% |
| Actual | -0.2% |
| Prior | 0.4% |
| Revised | 0.2% |
Karim writes:
- Personal income down 0.2%, down 4 of last 5mths, and up 1% y/y
- Wage and salary income down 0.4%, down 4mths in a row, and -0.2% y/y
- Personal spending up 0.2%, and down 0.2% in real terms
- Based on Jan-Feb data, real Q1 spending may be flat from -4.3% in Q4
- But because of weakening trend thru Q1, sets up for another negative in Q2
- Saw one forecaster change Q1 estimate from -7.2% to -6.5% and leave Q2 estimate unch at -4.8%
Personal Income YoY (Feb)
| Survey | n/a |
| Actual | 1.0% |
| Prior | 1.4% |
| Revised | n/a |
Personal Income ALLX (Feb)
Personal Spending (Feb)
| Survey | 0.2% |
| Actual | 0.2% |
| Prior | 0.6% |
| Revised | 1.0% |
PCE Deflator YoY (Feb)
| Survey | 0.8% |
| Actual | 1.0% |
| Prior | 0.7% |
| Revised | 0.8% |
PCE Core MoM (Feb)
| Survey | 0.2% |
| Actual | 0.2% |
| Prior | 0.1% |
| Revised | 0.2% |
PCE Core YoY (Feb)
| Survey | 1.6% |
| Actual | 1.8% |
| Prior | 1.6% |
| Revised | 1.7% |
U of Michigan Confidence (Mar F)
| Survey | 56.8 |
| Actual | 57.3 |
| Prior | 56.6 |
| Revised | n/a |
Karim writes:
