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Personal Consumption Expenditure: Difference between revisions
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* Real consumer spending increased 0.5 percent, reflecting increases in spending on goods of 0.8 percent and spending on services of 0.3 | * Real consumer spending increased 0.5 percent, reflecting increases in spending on goods of 0.8 percent and spending on services of 0.3 | ||
* The personal saving rate was 4.1 percent in April. | * The personal saving rate was 4.1 percent in April. | ||
=== May 2023 === | |||
* Core personal consumption expenditures price index(PCE) rose 0.3% in May as expected and below the 0.4% increase in April<ref>https://www.cnbc.com/2023/06/29/stock-market-today-live-updates.html</ref>. | |||
* Year-over-year, core PCE increase 4.6%, below the 4.7% forecasted increase. | |||
* Headline PCE rose 0.1% on the month and 3.8% year over year. | |||
* Personal spending rose 0.1% in May, below 0.2% estimate. | |||
* Personal income grew 0.4%, above the 0.3% estimate. | |||
== Personal Consumption Expenditure(PCE) == | == Personal Consumption Expenditure(PCE) == | ||