The Bureau of Economic Analysis (BEA), has just released its estimate for August 2024 US Personal Consumption Expenditures (PCE). Also known as “Personal Spending,” PCE directly accounts for over 60% ...
The PCE price index accelerated for the third month in a row, to 2.6% year-over-year in December, the worst increase since May 2024. The durable goods PCE price index has ended its historic plunge, ...
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