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"Personal spending" measures purchases of goods and services by households
Today’s Key Events – Monday 29 October.
These are the releases that often drive significant movements for currencies, indices, commodities and more.
Stay up to date with the events that move the trading needle.
| Time | Name | Prediction | Last result |
|---|---|---|---|
| 14:30 | Personal Spending (Sep) | 0.4% | 0.3% |
Personal spending, released by Bureau of Economic Analysis, Department of Commerce, measures purchases of goods and services by households and by nonprofit institutions that serve households from private business.
It’s one of the most important gauges of economic health due to the vast ripple effect consumer buying creates in the economy.
| Time | Name | Prediction | Last result |
|---|---|---|---|
| 14:30 | Personal Income (Sep) | 0.3% | 0.3% |
The Personal Income released by the Bureau of Economic Analysis, Department of Commerce measures the total income received by individuals, from all sources including wages and salaries, interest, dividends, rent, workers’ compensation, proprietors’ earnings, and transfer payments.
This figure can provide insight on the US employment situation. A high reading is positive for the USD, whereas a low reading is negative.
| Time | Name | Prediction | Last result |
|---|---|---|---|
| 14:30 | Core Personal Consumption Expenditure – Price Index (YoY) (Sep) | 2% | 2% |
The Core Personal Consumption Expenditure released by the US Bureau of Economic Analysis is an average amount of money that consumers spend in a month.
“Core” excludes seasonally volatile products such as food and energy in order to capture an accurate calculation of the expenditure.
It is a significant indicator of inflation. A high reading is bullish for the USD, while a low reading is bearish.
