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Thursday, September 28, 2023

Friday: Personal Income and Outlays

by Calculated Risk on 9/28/2023 07:53:00 PM

Mortgage Rates Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios.

Friday:
• At 8:30 AM ET, Personal Income and Outlays, August 2023.  The consensus is for a 0.5% increase in personal income, and for a 0.4% increase in personal spending. And for the Core PCE price index to increase 0.2%.  PCE prices are expected to be up 3.5% YoY, and core PCE prices up 3.9% YoY.

• At 9:45 AM, Chicago Purchasing Managers Index for September. The consensus is for a reading of 47.6, down from 48.7 in August.

• At 10:00 AM, University of Michigan's Consumer sentiment index (Final for September). The consensus is for a reading of 67.7.