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Economic Statistics for 29 Apr 13

Here are today’s statistics on the state of the economy:

Personal income and spending both rose 0.2% in March. The PCE price index fell by-0.1% at the headline level and was unchanged at the core. On a year-over-year basis, income rose 2.5% while spending rose 3.5%. The PCE price index rose 1.0%, while the core rate rose 1.1%.

The Pending Home Sales Index rose 1.5% in March to 105.7, the highest reading this year.

The Dallas Fed Manufacturing Survey collapsed from 7.4 in march to -15.6 in April. The production component slipped from 9.9 to -0.5. The series of negative Fed manufacturing reports continues.

~
Dale Franks
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