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Thursday, December 22, 2016

November 2016 US personal income 0.0% vs 0.3% exp m/m

  • Prior 0.6%. Revised to 0.5%
  • Spending 0.2% vs 0.3% exp m/m. Prior 0.3%. Revised to 0.4%
  • Real spending 0.1% vs 0.1% prior m/m
  • PCE 1.4% vs 1.5% exp y/y. Prior 1.4%
  • 0.0% vs 0.2% exp m/m. Prior 0.2%. Revised to 0.3%
  • Core PCE 1.6% vs 1.7% exp y/y. Prior 1.7%. Revised to 1.8%
  • 0.1% vs 0.1% exp m/m. Prior 0.1%
That's a kick in the cods for core PCE. A tick down is one thing but we're two off last month with the revision.

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