Economic Reports 12/24/07
Summary: Headline soothes, income and spending are up.
Under the sheets, disposable real income still negative and real chained dollar expenditures barely above the flat line.
Personal Income Nov +0.4% vs +0.2% Full Report
Inside the number: Real disposable personal income adjusted for price changes (chained 2000 dollars) -0.3% vs prior -0.2%.
Personal Spending Nov +1.1% vs +0.4%, chained 2000 dollar PCE +0.1% vs prior FLAT.
Under the sheets, disposable real income still negative and real chained dollar expenditures barely above the flat line.
Personal Income Nov +0.4% vs +0.2% Full Report
Inside the number: Real disposable personal income adjusted for price changes (chained 2000 dollars) -0.3% vs prior -0.2%.
Personal Spending Nov +1.1% vs +0.4%, chained 2000 dollar PCE +0.1% vs prior FLAT.
Comments