Details from the February 2017 US personal income spending and PCE data report 31 March 2017
– Core PCE 1.8% vs 1.7% exp. Revised to 1.8%
– Personal income 0.4% vs 0.4% exp m/m. Prior 0.4%. Revised to 0.5%
Strong on the inflation gauges, soft on the spending. Disposable income rises 0.3% vs 0.4% in Jan but wages rise 0.5% vs 0.4% prior.