Trading Concept
  • Home
  • Trading News
  • Email Whitelisting
  • Privacy Policy
  • Home
  • Trading News
  • Email Whitelisting
  • Privacy Policy
No Result
View All Result
Trading Concept
No Result
View All Result
Home Trading News

Personal Income increased 0.5% in October; Spending increased 1.3%

by
November 24, 2021
in Trading News
0
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

RELATED POSTS

Bank of England chief tempers talk of a pause or pivot in rate hikes

Bitcoin is overdue for a pause before bullish trend continues, says Wolfe Research

by Calculated Risk on 11/24/2021 10:17:00 AM

The BEA released the Personal Income and Outlays, October 2021 report:

Personal income increased $93.4 billion (0.5 percent) in October according to estimates released today by the Bureau of Economic Analysis. Disposable personal income (DPI) increased $63.0 billion (0.3 percent) and personal consumption expenditures (PCE) increased $214.3 billion (1.3 percent).

Real DPI decreased 0.3 percent in October and Real PCE increased 0.7 percent; goods increased 1.0 percent and services increased 0.5 percent. The PCE price index increased 0.6 percent. Excluding food and energy, the PCE price index increased 0.4 percent.
emphasis added

The October PCE price index increased 5.0 percent year-over-year and the October PCE price index, excluding food and energy, increased 4.1 percent year-over-year.

The following graph shows real Personal Consumption Expenditures (PCE) through October 2021 (2012 dollars). Note that the y-axis doesn’t start at zero to better show the change.

Click on graph for larger image.

The dashed red lines are the quarterly levels for real PCE.

Personal income and personal spending were above expectations, and the increase in the PCE price index was above expectations.

ShareTweetPin

Related Posts

Bank of England chief tempers talk of a pause or pivot in rate hikes

by
February 2, 2023
0

Governor of the Bank of England Andrew Bailey has talked down expectations that the central bank is readying to pause...

Bitcoin is overdue for a pause before bullish trend continues, says Wolfe Research

by
February 2, 2023
0

Bitcoin has rallied more than 40% since the start of the year, quickly paring losses from its disastrous 2022. However,...

Ford is set to report results after the bell. Here’s what Wall Street expects

by
February 2, 2023
0

In this article F Follow your favorite stocksCREATE FREE ACCOUNT Ford CEO Jim Farley takes off his mask at the...

Alphabet set to report fourth-quarter results after the close

by
February 2, 2023
0

In this article GOOGLGOOG Follow your favorite stocksCREATE FREE ACCOUNT Sundar Pichai, chief executive officer of Alphabet Inc., speaks during...

Meta shares rocket 25%, on pace for the best day in a decade

by
February 2, 2023
0

In this article META Follow your favorite stocksCREATE FREE ACCOUNT Visitors take photos in front of Meta (Facebook) sign in...

Next Post

More car insurance ‘stimulus checks’ are coming — are you due for a refund?

Stocks struggle amid higher yields, poor retail earnings this week

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

email

Get the daily email about stock.

Please Enter Your Email Address:



By opting in you agree to our Privacy Policy. You also agree to receive emails from us and our affiliates. Remember that you can opt-out any time, we hate spam too!

MOST VIEWED

  • WHO says Covid vaccine booster programs will prolong pandemic

    0 shares
    Share 0 Tweet 0
  • Forget Tesla — this auto stock is the one to buy right now, analyst says

    0 shares
    Share 0 Tweet 0
  • Spin or Split? AT&T Has a Big Decision to Make on Discovery Stake.

    0 shares
    Share 0 Tweet 0
  • Here’s how Carl Icahn is positioning for a possible recession in America

    0 shares
    Share 0 Tweet 0
  • Some lawmakers and their families are betting thousands of dollars on crypto

    0 shares
    Share 0 Tweet 0
  • Home
  • Trading News
  • Email Whitelisting
  • Privacy Policy
All rights reserved by tradingconcept.net
No Result
View All Result
  • Email Whitelisting
  • Home
  • Privacy Policy

All rights reserved by www.tradingconcept.net