Courtesy of Mish.
The BEA’s Personal Income and Outlays report shows personal incomes rose 0.3%.
“Real DPI increased less than 0.1 percent in September and Real PCE increased 0.3 percent.”
Spending rose 0.5% but the BEA revised August from +0.0% to -0.1% so effectively spending increased 0.4% from the unrevised number.
Econoday Consensus
The reported numbers were mostly in-line with the Econoday Consensus Estimates.
Real Disposable Personal Income Year-Over-Year
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