PCE price index News

March Sees a Surge in US Personal Spending: A 0.7% Increase Unveiled

The US saw a 0.7% increase in personal consumption expenditures in March, with personal income also rising by 0.5%. The PCE price index slightly contracted by 0.1%. Excluding food ...

February Sees a 0.4% Rise in US Personal Spending Amid Economic Growth

The US saw a 0.4% increase in personal spending in February, with the PCE price index rising by 0.3% monthly and 2.5% annually. Personal income also grew, supporting economic expan...

January Sees a Slight Dip in US Personal Spending Amid Rising Income

In January, US personal spending saw a minor decline of 0.2%, as reported by the Bureau of Economic Analysis. However, personal income rose by 0.9%, indicating a mixed economic lan...

US Economy Shows Resilience: GDP Climbs 2.3% in Q4 2024 Amidst Global Challenges

The US GDP grew by 2.3% in Q4 2024, matching expectations. Inflation rose slightly, with the PCE price index up by 2.4%. For 2024, the economy expanded by 2.8%, with inflation indi...

December Sees a 0.7% Surge in US Personal Spending Amid Rising Inflation

US personal spending increased by 0.7% in December, with personal income also rising by 0.4%. Inflation, as measured by the PCE price index, grew by 0.3% month-on-month, with core ...

Wall Street Soars Premarket as Earnings Season Heats Up Amid Inflation Watch

Wall Street experienced a boost in premarket trading as the earnings season continues, with Apple leading the charge. The Federal Reserve's focus on the upcoming PCE price index fo...

Wall Street Gains in Premarket Trading as Inflation Report Looms

Wall Street gains in premarket trading as investors await the December PCE price index, a key inflation measure. Apple shares surge after announcing record quarterly earnings, whil...

Surprising Growth: US Economy Expands by 2.3% in Q4 2024 Amidst Challenges

The US economy grew by 2.3% in Q4 2024, missing estimates, with the PCE price index rising by 2.3%. Annual GDP growth was 2.8%, with inflation indicators showing a steady increase.