Personal Income & Consumer Spending Report for August 2008
Earlier today, the Commerce Department's Bureau of Economic Analysis released their report on Consumer Spending and Personal Income during August 2008:
Personal Consumption Expenditures
(a.k.a. Consumer Spending)
Predicted: +0.2%
Actual: + less than 0.1%
Personal Income
Predicted: +0.2%
Actual: +0.5%
The above percentages represent the month-to-month change in Consumer Spending and Personal Income for the entire United States. The "predicted" figure is what economists and Wall Street forecasters were expecting, while the "actual" is the true or real figure.
Click here to view the full Commerce Department report (PDF).
Personal Consumption Expenditures
(a.k.a. Consumer Spending)
Predicted: +0.2%
Actual: + less than 0.1%
Personal Income
Predicted: +0.2%
Actual: +0.5%
The above percentages represent the month-to-month change in Consumer Spending and Personal Income for the entire United States. The "predicted" figure is what economists and Wall Street forecasters were expecting, while the "actual" is the true or real figure.
Click here to view the full Commerce Department report (PDF).
Labels: consumer_spending, personal_income
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posted by Steve Brown | 9/29/2008 01:35:00 PM
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