Tag: consumer spending

March Core PCE Price Index Matches Expectations, While Personal Income and Outlays Show Steady Growth

Post author By Fountainhead
Post date April 26, 2024

March Core PCE Price Index:

+0.3% M/M vs. +0.3% consensus and +0.3% prior.

+2.8% Y/Y vs. +2.7% consensus and +2.8% prior.

PCE Price Index: +0.3% M/M vs. +0.3% expected and +0.3% prior.

+2.7% Y/Y vs. +2.6% expected and +2.5% prior.

Personal income: +0.5% M/M vs. +0.5% expected and +0.3% prior.

Personal outlays: +0.8% M/M vs. +0.6% consensus and +0.8% prior.

The 10-year is down slightly to 4.67%

Tags 10-Year Treasury, consumer spending, Core PCE, economic data, financial markets, Inflation, inflation trends, Interest rates, Market Analysis, PCE Price Index, Personal Income, Personal Outlays

U.S. GDP Growth Slows to 1.6% in Q1 2024, Missing Expectations

Post author By Fountainhead
Post date April 25, 2024

GDP Q1- 2024

Q1 U.S. gross domestic product increased at an annual rate of 1.6%, falling short of the +2.3 % consensus and slowing from the robust +3.4% in Q4 2023.

Q1 personal consumption expenditures growth also cooled some, rising 2.5% vs. +2.8% consensus and +3.3% prior.

Tags consumer spending, economic growth, economic slowdown, Economic Trends, financial markets, GDP, GDP forecast, investment analysis, macroeconomic data, Market Performance, personal consumption expenditures, Q1 2024, recession risk, U.S. economy