August 2018 US PCE, personal income and spending data 28 September 2018

  • Prior 2.3%
  • 0.1% vs 0.1% prior m/m
  • Core PCE 2.0% vs 2.0% exp y/y. Prior 2.0%
  • 0.0% vs 0.1% exp m/m. Prior 0.2%
  • Personal income 0.3% vs 0.4% exp m/m. Prior 0.3%
  • Spending (ADJ) 0.3% vs 0.3% exp m/m. Prior 0.4%
  • Real spending 0.2% vs 0.2% prior m/m

A minhor miss in PCE and incomes but the rest is on the money.

Ryan Littlestone

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