U.S. Economic News

October 30, 2020

U.S. Economic Indicators

Real disposable personal income increased 0.7% in September, while real personal consumption expenditures (PCE) rose  1.2%. The PCE price index rose 0.2% (up 1.4% Y/Y), and the core price index rose 0.2% (up 1.5% Y/Y). BEA Report

The University of Michigan Consumer Sentiment Index rose 1.4 points to 81.8 in the final October reading but is down 13.7 points from October of last year. The Index of Consumer Expectations rose 3.6 points to 79.2, while the Current Economic Conditions Index declined 1.9 points to 85.9. University of Michigan