Halister News

(Bloomberg) -- Personal income seen rising 0.4% in Oct. after increasing 0.3% in Sept. (forecast range +0.2% to +0.5%); tracks wages and salaries, investment and rental income, transfer payments.

• Personal spending seen rising 0.5% in Oct., same as Sept. (forecast range +0.2% to +0.7%); tracks spending on goods and services, is used to calculate GDP
  • “October retail-sales strength suggests a solid increase in non-durable goods, while a gain in unit auto sales hints at a healthy durable goods spending print": Bloomberg Intelligence