U.S. Economic News
March 26, 2021
U.S. Economic Indicators
Real disposable personal income decreased 8.2% in February, while real personal consumption expenditures (PCE) decreased 1.2%. The PCE price index rose 0.2% (up 1.6% Y/Y), and the core price index rose 0.1% (up 1.4% Y/Y). BEA Report
The U.S. Census Bureau Advance Economic Indicators Report shows that the goods deficit widened to $86.7 billion in February from $84.6 billion in January. Meanwhile, wholesale inventories rose 0.5% and retail inventories were unchanged. Census Bureau Report
The University of Michigan Consumer Sentiment Index increased 8.1 points to 84.9 in the final March reading but is still down 4.2 points from March of last year. The Index of Consumer Expectations rose 9.0 points to 79.7, while the Current Economic Conditions Index rose 6.8 points to 93.0. University of Michigan