Real Consumer Spending Increases in March

The Bureau of Economic Analysis reported this week that real consumer spending (PCE), spending adjusted for price changes, increased 0.4 percent in March after decreasing 0.2 percent in February. Spen...

Personal Saving Rate Increases in February

According to the Bureau of Economic Analysis, personal saving as a percent of DPI was 3.4 percent in February after 3.2 percent in January. Personal income increased 0.4 percent in February, the same ...

GDP Increases in Fourth Quarter of 2017

Real gross domestic product (GDP) increased 2.9 percent in the fourth quarter of 2017, according to the “third” estimate released by the Bureau of Economic Analysis. In the third quarter, real GDP inc...