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US Personal Spending up Solidly Q2/16 to Date

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Jun 29, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    With an increase in May and upward revision to April, the volume of PCE is tracking a real second-quarter 2016 PCE gain closer to 4.0% (annualized rate) than our prior monitoring for a 3.5% increase. This would represent a significant bounce-back following the 1.5% first-quarter gain that marked the smallest[​IMG]

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