By: Tom WernerThe Bureau of Economic Analysis, or BEA, has just released its estimate for April 2024 US Personal Consumption Expenditures (“PCE”). Also known as “Personal Spending,” PCE directly accounts for over 60% of total US Gross Domestic Product (“GDP”), marking it a crucial indicator for assessing changing rates of expansion, contraction, and momentum in…
A ccording to a recent WalletHub report, Gilbert, Arizona, is the sixth best city to raise a family — ranked out of 182 cities in the United States. The report compared the locations based on five key … A ccording to a recent WalletHub report, Gilbert, Arizona, is the sixth best city to raise a…
By: The personal consumption expenditures (PCE) price index increased 0.3% in April, the Commerce Department reported on May 31, matching a similar … See the full article on Personal Consumption Expenditures, or, read more Arizona real estate investing news. It’s your call!
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By: The April Personal Consumption Expenditures Price Index showed that the … However, he points to the personal spending portion of the report … See the full article on Personal Consumption Expenditures, or, read more Arizona real estate investing news. It’s your call!
By: Editor’s note: This story has been updated to reflect that personal income growth matched economist expectations in April. The Federal Reserve’s preferred inflation measure held steady in April, aligning with economist expectations, yet keeping investors anxious about potential rate cuts. The Personal Consumption Expenditure (PCE) price index – which tracks price pressures across a…
By: The personal consumption expenditures (PCE) price index increased by … Consumer spending, which accounts for more than two-thirds of US economic … See the full article on Personal Consumption Expenditures, or, read more Arizona real estate investing news. It’s your call!
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By WASHINGTON — A price gauge closely tracked by the Federal Reserve cooled slightly last month, a sign that inflation may be easing after running high in the first three months of this year.Friday’s report from the Commerce Department showed that an index that excludes volatile food and energy costs rose 0.2% from March to April,…