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Feb. Personal Income and Outlays: Income +1.1% m/m vs. +0.9% expected, -3.6% prior. Personal...

Feb. Personal Income and Outlays: Income +1.1% m/m vs. +0.9% expected, -3.6% prior. Personal spending +0.7% m/m vs. 0.6% expected, +0.2% prior. PCE core price index +0.1% vs. +0.2% expected,  +0.1% prior.
Comments (1)
  • nafar
    , contributor
    Comments (220) | Send Message
     
    PCE at 2005 $ value shows a growth of 0.3% m/m change in January and February. This translates into yearly impact on real GDP growth of over 2.5%. If construction and government spending does well, we can see USA economy touching 2.75% for 1st Quarter 2013
    31 Mar 2013, 09:58 AM Reply Like
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