| Date GMT+01:00 |
Event | Previous | Forecast | Actual | |||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Apr, 09 13:30 |
★★ |
Personal Spending
Personal Spending
Comprehensive measure of how much consumers spend each month, counting expenditures on durable goods, consumer products, and services. Personal Consumption is a comprehensive measure of GDP; consequently the figure is watched as an indicator for economic trends. Spending also has direct affect on inflationary pressures. A healthy Personal Spending figure means that consumers are buying goods and services, fueling the economy and spurring output growth. The report is particularly valued for forecasting inflationary pressures. Taken in excess these high levels of consumption and production may lead to an overall increase in prices. Indeed, the Fed uses a measure of inflation derived from the PCE as their primary gauge of inflation. On the other hand, persistently low Personal Spending may result in decreasing levels of output and an economic downturn. Because income is either spent or saved, Personal Spending (when reported as a percent of income rather than the headline percent change) has an inverse relationship to personal saving. Economists watch the growth of Personal Spending in relation to income and saving to determine if consumers are living beyond their means, which would influence levels of borrowing and future consumption. The PCE figure is released in headlines as a percent change from the previous month. |
0.4% | 0.6% | - | ||||||||||||||
| Apr, 09 13:30 |
★ |
Personal Income
Personal Income
Broad gauge of employee earnings in the US . Personal Income measures the pre-tax income households receive from employment, investments, and transfer payments. As wages and salaries make up the majority of Personal Income, the figure can provide insight on the US employment situation. However, because Personal Income is released after the headline employment figure and earnings figures, its impact on the market is muted. The figure is still useful in gauging the purchasing ability of consumers, though, as rising Personal Income allows for strong consumers spending. Such spending drives output growth and fuels the US economy. |
0.4% | 0.3% | - | ||||||||||||||
| Apr, 09 15:00 |
★ |
Wholesale Inventories
Wholesale Inventories
The stock of unsold goods held by wholesalers. Wholesalers act as intermediaries between manufacturers or importers, and retailers. Wholesalers sell directly to retailers, who strive to act in accordance (ideally) with consumer demand. Consequently, high Wholesale Inventories indicate that unsold goods are piling up, suggesting that retailers are facing lagging consumer demand and unwilling to purchase goods. Conversely, declining Wholesale Inventories suggest retailers are buying more goods to meet strong or rising demand. Because Wholesale Inventories reflect the demand retailers have for their manufacturers' wares, the report offers an early indication of the potential strength of consumer spending. Wholesale Inventories are reported in headlines as a percent change from the previous month. |
-0.5% | -0.5% | - | ||||||||||||||
| Apr, 09 15:30 |
★ |
EIA Natural Gas Storage Change
EIA Natural Gas Storage Change
Weekly report about natural gas storage change in the USA. |
36 | 41 | - | ||||||||||||||
| Apr, 09 18:01 |
★ |
30-y Bond Auction
30-y Bond Auction
Yields are set by bond market investors, and therefore they can be used to decipher investors' outlook on future interest rates. The bid-to-cover ratio represents bond market liquidity and demand, which can be used to gauge investor confidence.
|
4.87%; 2.5 | - | - | ||||||||||||||