Economic Statistics for 28 Mar 14
Personal income and spending both rose 0.2% in February, while the PCE price index rose 0.1%, at both the headline and core level. On a year-over-year basis, personal income is up 3.1% while personal spending is up 3.1%. The PCE price index is up 0.9% at the headline level and 1.1% at the core.
The University of Michigan’s Consumer Sentiment index rose 0.1 points to 80.0 in March.