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Thursday, April 27, 2023

Friday: Personal Income & Outlays

by Calculated Risk on 4/27/2023 08:50:00 PM

Mortgage RatesNote: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios.

Friday:
• At 8:30 AM ET, Personal Income and Outlays, March 2023. The consensus is for a 0.2% increase in personal income, and for a 0.1% decrease in personal spending. And for the Core PCE price index to increase 0.3%.  PCE prices are expected to be up 4.1% YoY, and core PCE prices up 4.5% YoY.

• At 9:45 AM, Chicago Purchasing Managers Index for April. The consensus is for a reading of 43.5, down from 43.8 in March.

• At 10:00 AM, University of Michigan's Consumer sentiment index (Final for April). The consensus is for a reading of 63.5.