BEA: PCE Price Index
The BEA released the PCE Price Index this morning and is shows improvement and disappointment. While overall PCE year-over-year has declined, core PCE has come in hotter than expected. The…
BEA: CPE May 2024
The BEA released the Fed’s preferred inflation measure today CPE and it shows no improvement month over month. From the BEA: Personal income income increased $114.1 billion (0.5 percent at…
BEA: PCE April 2024
The BEA released the Personal Income & Outlays for April 2024 and it shows PCE, the Fed’s preferred inflation measure, as still elevated. From the BEA: The PCE price index…
BEA: PCE March 2024
The BEA released the March 2024 PCE report today and it shows core inflation higher than last year. From the BEA: Personal income increased $122.0 billion (0.5 percent at a…
BEA: Core PCE January 2024
The BEA released the Fed’s preferred measure of inflation today, the Core PCE. Let’s take a gander: Personal income increased $233.7 billion (1.0 percent at a monthly rate) in January,…
BEA – October 2023 CORE PCE
The BEA released their October core inflation report today and it has some really useful information. Let’s take a look at some of the charts. The Fed’s preferred measure of…
BEA: September 2023 Core CPE
The Bureau of Economic Analysis released the PCE price index and it didn’t move in the right direction this past month over month. The PCE price index increased 0.4 percent.…
GDP Grew at 4.9%, Are We At Peak GDP?
The BEA reports that GDP grew at 4.9% and it begs the question if we are at peak GDP for the next few years, more on that later. Real gross…
Fed’s Preferred Inflation Measure Higher
The BEA released the Fed’s preferred measure of inflation and it’s not good. From the BEA: Personal income increased $45.0 billion (0.2 percent at a monthly rate) in July, according…