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/
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