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3 days ago

Personal Income increased 0.5% in March; Spending increased 0.7%

The BEA released the Personal Income and Outlays report for March:
Personal income increased $116.8 billion (0.5 percent at a monthly rate) in March, according to estimates released today by the U.S…

BEA: Real GDP decreased at 0.3% Annualized Rate in Q1

From the BEA: Gross Domestic Product, 1st Quarter 2025 (Advance Estimate)
Real gross domestic product (GDP) decreased at an annual rate of 0.3 percent in the first quarter of 2025 (January, February…

Wednesday: GDP, Personal Income and Outlays, Pending Home Sales

Mortgage Rates Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios.

Wednesday:
• At 7:00 AM ET, The Mortgage Bankers Association (MBA) will release the results for the mortgage purc…

7 days ago

Schedule for Week of April 27, 2025

The key report scheduled for this week is the April employment report.

Other key reports include the advance estimate of Q1 GDP, March Personal Income and Outlays, February Case-Shiller house prices…

20 days ago

PCE Inflation expected to be Soft in March

The Personal Consumption Expenditures (PCE) price index for March will be released on April 30th. The data released so far suggests the PCE inflation will be soft in March.

From Goldman Sachs econo…

23 days ago

YoY Measures of Inflation: Services, Goods and Shelter

Here are a few measures of inflation:

The first graph is the one Fed Chair Powell had mentioned two years ago when services less rent of shelter was up around 8% year-over-year.  This declined and i…

35 days ago

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