U.S. ECO PREVIEW: Personal Income, Spending Due in 5 Minutes
Source: BFW (Bloomberg First Word)
To de-activate this alert, click here
To modify this alert, click here
UUID: 7947283
(Bloomberg) -- Following are forecasts for today’s U.S. economic releases as compiled by Bloomberg News:
Alert: HALISTER1- Per. Income 0.3 % m/m; range 0.2% to 0.6% (75 estimates)
- Per. Spending Nom. 0.3% m/m; range 0.2% to 0.5% (75 estimates)
- Pers Spend Infl Adj -0.1% m/m; range -0.3% to 0.1% (16 estimates)
- PCE Deflator 0.5% m/m; range 0.4% to 0.5% (39 estimates)
- PCE Deflator 2% y/y; range 1.9% to 2% (33 estimates)
- Core PCE Prices 0.3% m/m; range 0.2% to 0.35% (56 estimates)
- Core PCE Prices 1.7% y/y; range 1.6% to 1.8% (40 estimates)
- Today’s report seen providing "important insight into what drove the surprising strength" in January retail sales; savings, inflation or income growth: Bloomberg Intelligence
- Data issued Feb. 15 showed retail sales rose 0.4% in January in a broad-based advance
- Income gain seen driven by small businesses and rentals: NatWest economists Michelle Girard and Kevin Cummins
Source: BFW (Bloomberg First Word)
To de-activate this alert, click here
To modify this alert, click here
UUID: 7947283