April Income and Spending
Real Income Close to Stall Speed, Savings Rate Stays Low, Disinflation Continues U.S. Personal Income was unchanged nominally in April, but falling prices helped. The PCE Price Index decreased by 0.3...
View ArticleMay Income and Spending, June UI Claims, Q1 GDP Revision
Income Gains Plus Home Equity Accumulation Equals Steadier Consumer Spending U.S. Personal Income increased by 0.5 percent in May, driven by interest and dividend income. After accounting for...
View ArticleJuly U.S. Employment and June Income and Spending
Jobs Report Confounds in Both Directions, Payrolls Weaker, Unemployment Better The July Payroll Employment Survey showed a weaker-than-expected gain of 162,000 jobs. The Unemployment Rate for July...
View ArticleNovember U.S. Employment, October Personal Income
One Step Closer to QE Taper, Last Hurdle Is a Budget Deal The November Payroll Employment Survey showed a solid gain of 203,000 jobs. The November Household Survey of Employment recovered from its...
View ArticleJanuary Income and Spending, Construction Spending, Feb. ISM MF
Government Programs Support Income. Heating Bills Support Spending. U.S. Personal Income increased by 0.3 percent in January, driven by special factors. After accounting for inflation and taxes, Real...
View ArticleApril ISM Manufacturing, FOMC, March Construction, Income/Spending
Grab Bag of Data Consistent with Ongoing Expansion The ISM Manufacturing Index for April increased to a solid 54.9 percent, boosted by employment. The Federal Reserve tapered asset purchases as...
View ArticleMay Income and Spending, Q1 GDP Revision, June UI Claims
Q1 GDP Revised Down Again, May Income/Spending Data Consistent with Q2 GDP Rebound U.S. Personal Income increased by 0.4 percent in May, with solid wage growth. After accounting for inflation and...
View ArticleComerica Economic Weekly
It was a fairly quiet week for U.S. economic data with one loud exception. The Bureau of Economic Analysis announced a sizeable downward revision to their estimate of 2014Q1 real GDP growth. The first...
View ArticleJanuary ISM Manufacturing, December Income and Construction Spending
Manufacturing Sector Still Expanding but West Coast Docks Problematic The ISM Manufacturing Index for January decreased to a still-positive 53.5 percent. December Personal Income increased by 0.3...
View ArticleFebruary ISM Manufacturing, January Income and Construction Spending
Manufacturing Sector Still Expanding but Headwinds are Increasing The ISM Manufacturing Index for February decreased again to a still-positive 52.9 percent. January Personal Income increased by 0.3...
View ArticleFebruary Income and Spending, Pending Home Sales
Consumers Spend Less, Save More…Preparing to Buy Houses? U.S. Personal Income increased by 0.4 percent in February, boosted by dividends. After accounting for inflation and taxes, Real Disposable...
View ArticleMarch Income and Spending, Q1 Employment Costs, April UI Claims, Fed
Unconvincing Data Keeps Fed on Hold S. Personal Income was unchanged in March. After taxes and inflation it dipped 0.2 percent. Real Consumer Spending increased by 0.3 percent in March as auto sales...
View ArticleMay Income/Spending, June UI Claims
Strong Spending Points to Q2 GDP Rebound U.S. Personal Income increased by 0.5 percent in May. After taxes and inflation it gained 0.2 percent. Nominal Consumer Spending increased by 0.9 percent in May...
View ArticleAugust Income/Spending, Fedspeak
Strong Consumer Spending Shows Changing Forces within Economy S. Personal Income lifted by 0.3 percent in August. Real disposable income also gained 0.3 percent. Nominal Consumer Spending increased by...
View ArticleApril Income and Spending
Real Income Close to Stall Speed, Savings Rate Stays Low, Disinflation Continues U.S. Personal Income was unchanged nominally in April, but falling prices helped. The PCE Price Index decreased by 0.3...
View ArticleMay Income and Spending, June UI Claims, Q1 GDP Revision
Income Gains Plus Home Equity Accumulation Equals Steadier Consumer Spending U.S. Personal Income increased by 0.5 percent in May, driven by interest and dividend income. After accounting for...
View ArticleJuly U.S. Employment and June Income and Spending
Jobs Report Confounds in Both Directions, Payrolls Weaker, Unemployment Better The July Payroll Employment Survey showed a weaker-than-expected gain of 162,000 jobs. The Unemployment Rate for July...
View ArticleNovember U.S. Employment, October Personal Income
One Step Closer to QE Taper, Last Hurdle Is a Budget Deal The November Payroll Employment Survey showed a solid gain of 203,000 jobs. The November Household Survey of Employment recovered from its...
View ArticleNovember Home Sales, Income/Spending, Durable Goods and Q3 GDP
Home Sales Slump on Mortgage Processing Personal Income increased by 0.3 percent in November. Consumer Spending also gained 0.3 percent. New Home Sales for November increased by 4.3 percent to a...
View ArticleJanuary ISM-MF, December Income/Spending, Construction Spending
A Shifting U.S. Economy Struggles to Find Traction This Winter The ISM Manufacturing Index for January increased slightly to 48.2 percent, still indicating contraction. U.S. Personal Income lifted by...
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