March 29th, 2010 by Belisarius
Personal income was flat in February vs. the +0.1 consensus and January reading of also +0.1%. Consumer spending for February came out at consensus of 0.3%; the prior reading was 0.5%. Anemic figures. Chart 1. U.S. Personal Income Chart 2. U.S. Consumer Spending
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March 1st, 2010 by Belisarius
Almost every piece of data is on consensus. Slow growth in income and outlays; savings falling. The rates are small, too small to make a needed difference in consumer spending. Chart 1. Personal Income Chart 2. Personal Outlays Chart 3. Personal Savings % Of Disposable Personal Income
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