U.S. CONSUMERS INCREASED SPENDING IN SEPTEMBER, CORE PRICES UP 5.1%

Key Points:

  • U.S. consumer spending rose by 0.6%, or $113.0 Billion, in September, the same reading as August.
  • Personal income increased by 0.4%, or $78.9 Billion, in September, the same reading as July and August.
  • The overall personal consumption expenditures price index rose 0.3% in September and is up 6.2% from a year prior.
  • The core personal consumption expenditures price index, which excludes food and energy, rose 0.5% in September and is up 5.1% from the previous year.
  • The Right Facts will continue to monitor spending and income.
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