Tag

Pce

All articles tagged with #pce

economy2 days ago

February 2026: Spending Rises as Income Edges Down

US personal income fell 0.1% in February 2026 (-$18.2B), with disposable income down 0.1% (-$18.3B), while personal consumption expenditures increased 0.5% (+$103.2B), boosting total personal outlays by 0.5% (+$106.5B). Personal saving reached $931.5B (4.0% saving rate). The income drop was mainly due to lower personal dividend income and fewer transfer receipts, even as compensation rose. The PCE increase was split between goods (+$58.7B) and services (+$44.5B); real PCE rose 0.1%, and the PCE price index climbed 0.4% (0.4% excluding food and energy). Year over year, PCE prices were up 2.8% (3.0% ex food and energy). BEA notes data revisions and ongoing improvements; the next release is April 30, 2026, at 8:30 a.m. ET.

Core inflation remains at 3% as pre-war data show softer demand and slower growth
economy2 days ago

Core inflation remains at 3% as pre-war data show softer demand and slower growth

February core PCE rose 3% and headline inflation 2.8%, while consumer spending fell 0.1% and personal income rose 0.4%. GDP for Q4 was revised down to 0.5% growth (down from 0.7%), driven by weaker investment and lower real final sales. The report suggests stagflation pressures even before the Iran conflict boosts energy prices, with Fed officials expected to keep rates on hold as inflation remains above target.

economy29 days ago

U.S. Personal Income and Spending Rise in January 2026, Savings Climb

U.S. personal income rose by $113.8 billion (0.4%) in January 2026, with disposable income up 0.9%. Personal consumption expenditures increased by $81.1 billion (0.4%), led by services, while real PCE rose 0.1%. The PCE price index gained 0.3% overall (0.4% ex-food/energy). Personal saving reached $1.05 trillion and the saving rate was 4.5%. The gains were driven by higher compensation, personal dividends, and a January cost-of-living adjustment boosting Social Security benefits. BEA also announced data-release modernization, moving to online interactive tables and discontinuing PDF/Excel releases after February 2026; next release is April 9, 2026.

Oil surge, inflation worries weigh on stocks as investors await PCE data
business29 days ago

Oil surge, inflation worries weigh on stocks as investors await PCE data

Futures tick higher ahead of January PCE inflation data as oil spikes on Iran tensions, following a session in which the Dow fell about 740 points and the S&P 500 dropped around 1.5%. Brent crude topped $100 and WTI near $96 as energy concerns weigh on the outlook and near-term Fed rate-cut bets. After-hours movers included Ulta Beauty (earnings miss), Adobe (CEO Shantanu Narayen to step down after successor is named), and Lennar (earnings miss). Investors will scrutinize the PCE index for clues on monetary policy as the week’s losses mount.

economy1 month ago

US income and spending rise in December 2025, aided by transfers and services

In December 2025, U.S. personal income rose 0.3% to $86.2B, boosting disposable income (DPI) by 0.3% and personal consumption expenditures (PCE) by 0.4% (with services up more than goods). Real PCE grew 0.1%, while the PCE price index climbed 0.4% (0.4% ex-food-and-energy, 2.9% year over year). Saving reached $830.8B (3.6% of DPI). The income gains were driven by transfer receipts (including a Maui wildfire settlement) and higher compensation, and personal outlays rose 0.4% to $90.2B. BEA also noted upcoming changes to its data-release formats and schedules, with the next release on March 13, 2026.

Friday PCE Release Could Move Markets as Inflation Bets Take Center Stage
business1 month ago

Friday PCE Release Could Move Markets as Inflation Bets Take Center Stage

Friday morning's release of the Fed's preferred inflation gauge, the PCE Price Index, could move U.S. markets as traders assess whether inflation is moderating and what that means for Fed rate cuts this year. If PCE confirms cooling inflation, markets could rise with bets of multiple rate cuts; futures currently price in about two 25bp cuts in 2026, potentially lifting to three if the data reinforces a softer inflation path.

Markets hold near flat as GDP, PCE data and tariff ruling loom
business1 month ago

Markets hold near flat as GDP, PCE data and tariff ruling loom

U.S. stock futures were mixed Friday ahead of Q4 GDP data and the Fed's preferred inflation gauge (PCE), plus a Supreme Court ruling on Trump's tariffs; Dow futures fell about 30 points, S&P 500 futures were little changed, and Nasdaq-100 futures rose ~0.1%. Economists expect Q4 real GDP growth around 2.5% and the PCE price index about 2.8% year over year (core ~3%). Fed minutes show officials split on rate cuts, signaling more evidence inflation must cool. A ruling against tariffs could lift markets, though the White House may reimpose duties later. In recent sessions, the Dow and Nasdaq slipped while oil rose amid U.S.–Iran tensions; Nvidia earnings are due next week.

Markets hover near flat ahead of Fed minutes and PCE data as tech slip persists
markets1 month ago

Markets hover near flat ahead of Fed minutes and PCE data as tech slip persists

Stock futures were near flat after a tepid session for U.S. equities, with Dow futures down about 32 points, S&P 500 futures down 0.07%, and Nasdaq 100 futures down 0.1%. In regular trading, the S&P 500 and Nasdaq rose about 0.1% while the Dow gained roughly 32 points. The tech sector remained under pressure, with CrowdStrike and ServiceNow down 3.6% and 1.1%, respectively. Investors await the Federal Reserve’s January meeting minutes and Friday’s PCE inflation data, with Booking Holdings, Carvana and DoorDash due to report this week. After-hours movers included Palo Alto Networks, Cadence Design Systems, and Caesars Entertainment. Amazon rose 1.2%, snapping a nine-day losing streak as investors weigh AI-spending implications.

commodities1 month ago

Gold and silver retreat as key U.S. data loom this week

Gold and silver prices slipped as traders weigh rate expectations ahead of a busy U.S. data week, with spot gold down 0.9% to $4,997.74/oz and April gold futures at $5,019.25/oz, while spot silver fell 1.5% to $76.808/oz and platinum at $2,043.20/oz. The market focus is on the Federal Reserve minutes from the January meeting and December PCE inflation data, along with U.S. trade and industrial production figures, as investors reassess the path of monetary policy and inflation.