U.S. ECO PREVIEW: Personal Income, Spending Due in 5 Minutes
Alert: HALISTER1
Source: BFW (Bloomberg First Word)
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UUID: 7947283
(Bloomberg) -- Following are forecasts for today’s U.S. economic releases as compiled by Bloomberg News:
- Per. Income 0.4 % m/m; range 0.2 % to 0.5 % (74 estimates)
- Per. Spending Nom. 0.2% m/m; range 0% to 0.4% (75 estimates)
- Pers Spend Infl Adj 0.1% m/m; range -0.3% to 0.2% (18 estimates)
- PCE Deflator 0.1% m/m; range 0% to 0.4% (40 estimates)
- PCE Deflator 2.1% y/y; range 1.9% to 2.2% (33 estimates)
- Core PCE Prices 0.2% m/m; range 0.1% to 0.3% (54 estimates)
- Core PCE Prices 1.7% y/y; range 1.7% to 1.8% (40 estimates)
- "Weak spending on services, following an anticipated decline in utilities due to warmer-than-usual weather in February, will likely exacerbate expected sluggishness in personal spending on goods": Bloomberg Intelligence
- In January, inflation-adjusted spending fell by the most since 2009 and inflation-adjusted disposable income dropped the most since 2013
Alert: HALISTER1
Source: BFW (Bloomberg First Word)
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To modify this alert, click here
UUID: 7947283