U.S. ECO PREVIEW: Personal Income/Spending Due in 5 Minutes
Source: BFW (Bloomberg First Word)
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UUID: 7947283
(Bloomberg) -- Personal income seen rising 0.4% in April. after increasing 0.4% in March (forecast range 0.3% to +0.6%); tracks wages and salaries, investment and rental income, transfer payments.
Alert: HALISTER1- Personal spending seen rising 0.7% in April after rising 0.1% in March (forecast range +0.2% to +1.1%); tracks spending on goods and services, is used to calculate GDP
- In March, personal spending rose less than forecast, wrapping up weakest quarter in yr; March savings rate rose to highest in more than yr
Source: BFW (Bloomberg First Word)
To de-activate this alert, click here
UUID: 7947283