US consumer spending slows
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PCE Inflation Report Leaves Door Open
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A shutdown-delayed federal report released Friday found overall U.S. inflation crept up slightly in September, driven mostly by rising gas and grocery prices as consumer spending cooled.
Key monthly metrics from the US government continue to be released now that the shutdown has ended. Next up: September wholesale inflation and retail sales.
US inflation-adjusted wages stagnated for second-straight month, indicating a cooling labor market and continued price increases are limiting consumers’ spending power.
Bank of America shared its inflation forecast with TheStreet, based on the core (excluding volatile food and energy) Personal Consumption Expenditures ( PCE) index. Directionally, PCE and CPI tend to move together, suggesting we’ll similarly see a flattening of inflation pressures as we get deeper into next year.
The Bureau of Labor Statistics has explained it was 'unable to retroactively collect' the data on consumer prices.
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Stock market news today, 12/5/25 – US stock futures inch higher ahead of key PCE inflation data
U.S. stock futures climbed early Friday as investors awaited the Personal Consumption Expenditure (PCE) price index data, the Fed’s preferred
The income growth level is similar to the rate seen in the early 2010s, when the unemployment rate was stuck at 7% and slow to come down, according to a study.
The US government said yesterday that it will not publish a consumer inflation report covering the month of October, as a record-long shutdown hampered
The Federal Reserve’s preferred measure of inflation slowed a bit in September, likely easing the way to a widely expected interest rate cut by the central bank next week