Personal Income and Outlays  (January 2021)

- Personal Income month/month   +10.0%. Previous was +0.4%

- Personal Consumption Expenditures month/month  +2.4%.Previous was -0.4%

- PCE Price Index month/month    0.3%    %. Previous was 0.0%    

- PCE Price Index year/year    1.5%. Previous was 1.3%

- Core PCE Price Index month/month    0.0%. Previous was  0.1%

- Core PCE Price Index year/year  +0.3%. Previous was +0.3%

PCE is an inflation metric and remains well-contained even with an enormous increase in Personal Income.  This Increase in Personal Income is entirely from increased government transfer payments.

Source:  BEA  

 

Good Trade Deficit (January 2021)

- Trade Deficit   $83.7 B . Previous was  $83.23 B

This is a component of 1stGDP. The Trade Deficit reduces GDP.

Source:  Census  Details: https://www.census.gov/foreign-trade/statistics/highlights/PressHighlights.pdf

 

Retail Inventories (January  2021)

- Month over Month -0.6% . Previous was +1.9%

This is a component of 1stQ GDP.

Source:  Census  https://www.census.gov/retail/index.html

 

Wholesale Inventories (January 2021)

- Month over Month  +1.3%. Previous was 0.5%

This is a component of 1stGDP.

Details: https://www.census.gov/wholesale/pdf/mwts/currentwhl.pdf

 

Chicago PMI (February 2021)

- Index 59.5. Previous was 63.8

Source: Institute For Supply Management - Chicago

 

Consumer Sentiment (February 2021)

- Index 76.8. Previous was 76.2

This is supposed to measure consumers stated views as to spending in the next 3 months.  

Source: University of Michigan's Consumer Survey Center     Details:  http://www.sca.isr.umich.edu/