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Friday: Personal Income and Outlays
Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios. Friday: • At 8:30 AM ET, 8:30 AM ET: Personal Income and Outlays for December. The consensus is for a 0.4% increase in personal income, and for a 0.5% increase in personal spending. And for the Core PCE price index to increase 0.2%. PCE prices are expected to be up 2.5% YoY, and core PCE prices up 2.8% YoY. • At 9:45 AM, Chicago Purchasing Managers Index for January. The consensus is for a reading of 39.7, up from 36.9 in December.
Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios.Friday:
• At 8:30 AM ET, 8:30 AM ET: Personal Income and Outlays for December. The consensus is for a 0.4% increase in personal income, and for a 0.5% increase in personal spending. And for the Core PCE price index to increase 0.2%. PCE prices are expected to be up 2.5% YoY, and core PCE prices up 2.8% YoY.
• At 9:45 AM, Chicago Purchasing Managers Index for January. The consensus is for a reading of 39.7, up from 36.9 in December.
