Tag Archives: bureau of economic analysis

January 2014 Real Personal Income and Expenditures Above Expectations

Written by Steven Hansen Real Personal Consumption Expenditure (PCE) grew while Real Disposable Personal Income (DPI) contracted. This release shows that the December data (previous month) was distorted by a previous year’s income spike – and that income and expenditure growth … Continue reading

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Second Estimate 4Q2013 GDP Revised Down to 2.4%

Written by Doug Short and Steven Hansen The second estimate of fourth quarter 2013 Real Gross Domestic Product (GDP) is now a positive 2.4%. The market expected GDP at 2.2% to 2.8% (consensus 2.5%). This data point was 3.2% in … Continue reading

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December 2013 Real Personal Income Contracts – Not A Good Sign for Economic Expansion

Written by Steven Hansen Real Personal Consumption Expenditure (PCE) grew while Real Disposable Personal Income (DPI) contracted. Income continues to fall further behind the rate of increase of spending.

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Advance Estimate 4Q2013 GDP Is at Expectations

Written by Doug Short and Steven Hansen The advance estimate of fourth quarter 2013 Real Gross Domestic Product (GDP) grew a positive 3.2%. The market expected the advance estimate 4Q2013 GDP at 3.0% to 3.6%. GDP growth in 3Q2013 was … Continue reading

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Personal Income Growth Disappoints in November 2013

Written by Steven Hansen Real Personal Consumption Expenditure (PCE) and Real Disposable Personal Income (DPI) are up. However, the rate of increase of income continues to fall further behind the rate of increase of spending.

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