U.S. ECO PREVIEW: Income and Spending Due in 5 Minutes
Source: BFW (Bloomberg First Word)
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UUID: 7947283
(Bloomberg) -- Personal income seen rising 0.4% in Dec. after showing no change in Nov. (forecast range 0.2% to +0.6%); tracks wages and salaries, investment and rental income, transfer payments.
Alert: HALISTER1- Nov. marked first month without increase since Feb.
- Personal spending seen rising 0.5% in Dec. after increasing 0.2% in Nov. (forecast range +0.2% to +0.6%); tracks spending on goods and services, is used to calculate GDP
- Spending has been on the rise since April
Source: BFW (Bloomberg First Word)
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UUID: 7947283