Personal Income and Outlays (July 2015)
- Personal Income month/month +0.4%. Previous was +0.4%.
- Consumer Spending month/month +0.3%. Previous was +0.3%
- PCE Price Index month/month +0.1%. Previous was +0.2%
- Core PCE price index month/month +0.1%. Previous was +0.1%
- PCE Price Index year/year +0.3%. Previous was +0.3%
- Core PCE price index year/year +1.2%. Previous was +1.3%.
What we have is contained inflation and modest increases in Personal Income and Outlays.
Consumer Sentiment (August 2015)
- Sentiment Index 91.9. Previous was 92.9.
This is the University of Michigan consumer sentiment index. This is supposed to be a leading indicator of Consumer Spending.
Chicago PMI (August 2015)
- Business Barometer 54.4. Previous was 54.7.
Dallas Federal Manufacturing Survey (August 2015)
- General Activity Index -15.8. Previous was -4.6
This Index has been depressed lately by the temporary shut down of so many oil rigs. The 3 previous months were -20.0, -7.0, and -4.6. The -15.8 was well below consensus.
Posted at 07:41 AM in Mortgage Market Daily Commentary | Permalink | Comments (0)
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