Personal Consumption Expenditures Index Rose 0.3% in January… Excluding food and energy, the Personal Consumption Expenditures Index (PCE) rose 0.4%. What it means— Trailing energy prices gave ...
Week In Review – January 30 2024
U.S. Fourth Quarter Grows at 3.3% on an Annualized Basis… Not counting the pandemic, the third quarter of 2023 at 4.9% and the fourth quarter at 3.3% were the strongest back-to-back quarters since ...
Week In Review – January 23 2024
Retail Sales Jumped 5.6% Last Year, Were Well Above Inflation at 3.4%… A strong holiday season ended the year with sales up 0.6%. What it means— The good news is that while consumers have soured on ...
Week In Review – January 15 2024
Consumer Price Index up 0.3% in December, up 3.4% Over Last Year… Core inflation rose 0.3% over the month and 3.9% for the year. What it means— Consumers are ticked off. While average weekly ...
Week In Review – December 27 2023
Personal Consumption Expenditures Index Dropped 0.1% in November, First Decline in More Than Three Years… Annual Personal Consumption Expenditure (PCE) growth slowed to 2.6%, the lowest rate in over ...