Economic Statistics for 23 Dec 13
Personal income rose 0.2% in November while personal spending increased 0.5%. The PCE price index was unchanged overall, and up 0.1% at the core. On a year-over-year basis, income rose 2.3% while spending rose 3.5%. The PCE price index rose 0.9% at the headline level, and up 1.1% ex-food and energy.
The Reuter’s/University of Michigan’s consumer sentiment index was unchanged at 82.5 for November.
The Chicago Fed National Activity Index rose from -0.18 to 0.60 in November.