Wednesday, December 23, 2015

Personal Income increased 0.3% in November, Spending increased 0.3%

Note: Some of this data was inadvertently released early. The BEA released the Personal Income and Outlays report for November: Personal income increased $44.4 billion, or 0.3 percent, ... according to the Bureau of Economic Analysis. Personal consumption expenditures (PCE) increased $40.1 billion, or 0.3 percent. ... Real PCE -- PCE adjusted to remove price changes -- increased 0.3 percent in November, in contrast to a decrease of less than 0.1 percent in October. ... The price index for PCE increased less than 0.1 percent in November, compared with an increase of 0.1 percent in October. The ......(read more)
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