Free Markets, Free People

Economic Statistics for 1 Feb 16

Personal income rose 0.3% in December, while consumer spending was unchanged. The PCE Price index fell -0.1%, but was unchanged at the core. On a year-over-year basis, prices rose 0.6% overall, while the core rate was 1.4%.

The PMI Manufacturing index rose 1.2 points in January, to 52.4.

The ISM Manufacturing Index was unchanged in January, at a contractionary 48.2.

Construction spending rose 0.1% in December, held down by weakness in non-residential construction.

The Gallup US Consumer Spending Measure indicates that Americans’ self-reported daily spending fell from $99 to $81 in January.

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2 Responses to Economic Statistics for 1 Feb 16

  • It’s a pleasant surprise for once.

    And it’ll be nice to get the seven dwarves out of the picture, assuming they bought a box of clues after last night.

  • Wrong post 🙂