HALISTER1: U.S. ECO PREVIEW: Personal Income and Spending Due in 5 Minutes

U.S. ECO PREVIEW: Personal Income and Spending Due in 5 Minutes

(Bloomberg) -- Following are forecasts for today’s economic releases as compiled by Bloomberg News.
  • Per. Income 0.4% m/m; range -0.1% to 0.5% (65 estimates)
  • Per. Spending Nom. 0.9% m/m; range 0.4% to 1.2% (67 estimates)
    • In the second quarter, consumer spending expanded at a 2.4 percent pace, less than the prior quarter. Autos accounted for much of the gain, according to gross domestic product data issued Oct. 27.
  • Pers Spend Infl Adj 0.5% m/m; range 0.3% to 0.7% (10 estimates)
  • PCE Deflator 0.4% m/m; range 0.3% to 0.5% (38 estimates)
  • PCE Deflator 1.6% y/y; range 1.5% to 1.7% (29 estimates)
  • Core PCE Prices 0.1% m/m; range 0% to 0.4% (51 estimates)
  • Core PCE Prices 1.3% y/y; range 1.3% to 1.6% (34 estimates)
  • Dallas Fed 21; range 19 to 22 (5 estimates)
To contact the reporters on this story: Chris Middleton in Washington at cmiddleton2@bloomberg.net; Vincent Del Giudice in Denver at vdelgiudice@bloomberg.net To contact the editors responsible for this story: Alex Tanzi at atanzi@bloomberg.net Kristy Scheuble

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