PCE price index

November PCE up 0.6%, PCE price index down 0.2%, real PCE on track to jump at 4%+ rate in Q4

Last week the Bureau of Economic Analysis released their report on Personal Income and Outlays for November, which in addition to the important personal income data, also reports the monthly data on our personal consumption expenditures (PCE), which as you all know is the major component of GDP.  From that data, the BEA also computes personal savings and the national savings rate, as well as a price index for PCE,

Personal Income and Spending Both Rose 0.2% in October as PCE Prices Remained Subdued

One of the more consequential economic releases we get monthly from the Bureau of Economic Analysis is on Personal Income and Outlays, which in addition to the important personal income data, also reports the monthly data on our personal consumption expenditures (PCE), which as we saw is the major component of GDP..  From that data, the BEA also computes personal savings and the national savings rate, as well as a

Personal Income Rises 0.3% in August; Spending Increases 0.5% While Prices Fall

Other than the employment report, the report on Personal Income and Outlays for August from the Bureau of Economic Analysis was probably the most important economic release of this past week, as this is the report that gives us the monthly data on our personal consumption expenditures (PCE), which is nearly 69% of GDP, as well as the important monthly personal income data, total personal savings and the national savings rate, in addition to the price index for PCE,

May Incomes and Spending Increase, Reversing April Declines; PCE Core Inflation Remains Near Record Low

  The key monthly release of the past week was on Personal Income and Outlays for May from the BEA, which gives us several important metrics, including PCE (personal consumption expenditures), which accounts for 70% of US economic activity, and the PCE price index, targeted by the Fed in recent rounds of quantitative easing.