Free Markets, Free People

Economic Statistics for 31 May 16

In April, Personal income rose 0.4%, Consumer spending rose 1.0%, and the PCE Price index rose 0.3%. The Core PCE Price index rose 0.2%.

The S&P/Case-Shiller home price index for March rose 0.9%, and is up 5.4% on a yer-over-year basis.

The Chicago purchasing Manager’s Index slipped into a contractionary reading of 49.3 in May, from April’s 50.7.

The University of Michigan’s consumer sentiment index fell -2.1 points to a lower-than-expected 92.6 in May.

The State Street Investor Confidence Index fell -2.0 points to 106.6 in May.

The Dallas Fed Manufacturing Survey turned strongly negative, falling from 5.8 to -13.1 in May.

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