US 4monthly real personal consumption 0.1% increase, 1quarterly growth rate 1.6lowered to %
US 4real personal consumption expenditures (PCE) 0.1increased by just %. The US Department of Commerce 1quarterly growth rate to an annualized 1.6%.
US personal consumption expenditures (PCE) 4in real terms, adjusted for inflation, in 0.1increased by %. The real growth rate in the previous 3month was %. Real indicators show consumption trends after excluding price changes.0.3Real indicators show consumption trends after excluding price changes.
4Nominal personal consumption in 0.5rose by % month over month. The nominal growth rate in the previous 3month was %. Nominal figures include price changes.1.0Nominal figures include price changes.
On an annualized basis, total nominal personal consumption was 21 trillion 9700 billion dollars. The inflation-adjusted annualized amount was 16 trillion 7900 billion dollars. The amounts are on an annualized basis.
The PCE price index 4in the month, month over month, 0.4%; the core price index, excluding food and energy, rose 0.2% month over month. Monthly changes show short-term price fluctuations.
On an annual basis, headline PCE was 2.1%, while core PCE was 2.4%, unchanged from the previous reading. Annual figures indicate year-over-year price changes.
The U.S. Department of Commerce’s Bureau of Economic Analysis announced that 1quarterly growth was an annualized 1.6%. This was revised down from the advance estimate of 2.0%. The revised estimate is an interim statistic that incorporates the growth calculation method and available data.
Growth before annualization, compared with the previous quarter, was 0.4%. In the previous quarter, the 4 quarter of last year, growth was an annualized 0.5%. Quarterly comparisons show the trend in growth from one quarter to the next.
Sources: 뉴시스 경제
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