US Personal Income and Spending Report

By @ibtimes on

US personal spending for March came in at 0.6%; worse than the projected 0.5% and the prior revised reading of 0.9% from 0.7% while that the personal income for the same period rose cheerfully to 0.5%; better than the forecasted 0.4% and the prior revised 0.4% from 0.3%.

As for the PCE Core for March, it came in as expected at 0.1% from 0.2% and unchanged also as forecasted at 0.9% for the year ending March while that the PCE Deflator for the year ending March came in at 1.8%; lower than the projected 1.9% but higher than the prior reading of 1.6%

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