PCE and PCEPI YoY Growth Rates Are Trending Down; US Consumer Spending Dips in September - AFP/Charts

US consumer spending dips in September (via AFP)

US consumer spending rose a tepid 0.2 percent in September, while personal incomes rose 0.5 percent, the Commerce Department reported Friday. The gains in consumer spending, which accounts for two-thirds of US economic activity, have averaged 0.2 percent…

PCEs and PCEPIs are looking weak.

Personal Consumption Expenditures (Year-over-Year %)

Real Personal Consumption Expenditures (Year-Over-Year %)

PCE Price Index (Year-Over-Year %)

CORE PCE Price Index (Year-Over-Year %)

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