August 26, 2022

Goods Trade Deficit (July 2022) - Advance

- Deficit $89.1 billion.  Previous was $96.2 billion

This is a component of 3rdQ GDP.

 

Personal Income and Outlays (July 2022)

- Personal Income month/month   0.2%. Previous was 0.7%

- Personal Consumption Expenditures month/month  0.1%. Previous was 1.0%

- PCE Price Index month/month   -0.1% . Previous was 1.0%    

- PCE Price Index year/year  6.3%. Previous was 6.8%

- Core PCE Price Index month/month  0.1%. Previous was  0.6%

- Core PCE Price Index year/year  4.6%. Previous was 4.8%

Source:  BEA  Details: https://www.bea.gov/news/2022/personal-income-and-outlays-july-2022

 

Retail Inventories (July 2022) - Advance

- Month over Month 1.1%. Previous was 2.0%

This is a component of 3rdQ GDP

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

 

Wholesale Inventories   (July 2022) - Advance

- Inventories 0.8%.  Previous was 1.9%

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

 

Consumer Sentiment (July 2022)

- Index 51.5. Previous was 50.0

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