• 3 hours Toyota Tests Solar-Powered Prius
  • 21 hours Why The Gold Rally Flatlined
  • 1 day The Uranium Sector Can’t Catch A Break
  • 2 days Upcoming Fed Meeting Has Investors On Edge
  • 2 days Global Gold Sector Outlines Responsible Mining Principles
  • 3 days China’s Giant Vampire Fund Loses $120B
  • 3 days McDonalds To Roll Out Robot Drive-Thru Clerks
  • 3 days Savvy Investors Are Betting Big On This Little Data Company
  • 4 days How The Government Is Wasting Tax Money This Year
  • 4 days Supply Concerns Halt Expansion On Tianqi Lithium Plant
  • 4 days The World’s Biggest IPO Is Almost Here
  • 5 days The Relatively Of Money And Happiness
  • 5 days Wall Street Unfazed By Recession Fears
  • 5 days SoftBank Urges WeWork To Pause IPO Plans
  • 6 days Anti-Aging Market To Hit $55 Billion
  • 6 days JPM, Morgan Stanley Take Advisory Roles In Aramco IPO
  • 6 days Are Bonds In A Bubble?
  • 7 days The Unknown Media Giant Taking The World By Storm
  • 7 days From Millennial To Millionaire With One Simple Trick
  • 8 days The 5 Most Expensive Art Pieces Ever Sold
The Problem With Modern Monetary Theory

The Problem With Modern Monetary Theory

Modern monetary theory has been…

Zombie Foreclosures On The Rise In The U.S.

Zombie Foreclosures On The Rise In The U.S.

During the quarter there were…

Billionaires Are Pushing Art To New Limits

Billionaires Are Pushing Art To New Limits

Welcome to Art Basel: The…

  1. Home
  2. Markets
  3. Other

Personal Income Up 0.3 Percent, Real Disposable Income Not Quite 0.1 Percent

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.

Income and Price Indices


Econoday Consensus

The reported numbers were mostly in-line with the Econoday Consensus Estimates.

Personal Income and Outlays


Real Disposable Personal Income Year-Over-Year

Real Disposable Personal Income Year-Over-Year

Econoday calls the report "solid" but sees the inflation data as "mixed to soft".

The Econoday parrot is always happy when consumers have less real money to spend. The above chart simply is too "soft".

The parrot would have been happier had inflation advanced more and consumers effectively made nothing.

 

Back to homepage

Leave a comment

Leave a comment