US personal income and spending report for August 2020

US personal income and spending report for August 2020
  • Prior +1.3% (revised to +1.4%)
  • PCE core MoM +0.3% vs +0.3% expected
  • Prior MoM +0.3% (revised to +0.4%)
  • Deflator YoY +1.4% vs +1.2% expected
  • Prior deflator YoY +1.0% (revised to +1.1%)
  • Deflator MoM +0.3% vs +0.3% expected
  • Prior MoM deflator +0.3% (revised to +0.4%)

Consumers spending and income for August:

  • Personal income -2.7% vs 2.5% expected. Prior month +0.4% (revised to +0.5%)
  • Personal spending +1.0% vs +0.8% expected. Prior month +1.9% (revised to +1.5%)
  • Real personal spending +0.7% vs +0.5% expected. Prior month +0.1%