Economic Statistics for 29 Aug 14
Personal Income rose 0.2% in July, while consumer spending fell -0.1%. The PCE price index rose 0.1% at both the headline and core levels. On a year-over-year basis, personal income is up 4.3%, while personal spending is up 3.6%. The PCE Price index is up 1.6% at the headline level, and 1.5% at the core.
The Chicago Purchasing Manager’s Index jumped from 52.6 to 64.3 in July.
The Reuter’s/University of Michigan’s consumer sentiment index for August rose 3.3 points to 82.5.