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.