To: Lee who wrote (29078 ) 10/1/1999 10:24:00 AM From: Lee Read Replies (1) | Respond to
Economic Data for Friday, October 1, 1999Personal Income August = +0.5% Personal Spending = +0.9% bea.doc.gov Personal income increased $39.1 billion, or 0.5 percent, and disposable personal income (DPI) increased $46.2 billion, or 0.7 percent, in August, according to the Commerce Department's Bureau of Economic Analysis. Personal consumption expenditures (PCE) increased $54.4 billion, or 0.9 percent. In July, personal income increased $16.8 billion, or 0.2 percent, DPI increased $8.5 billion, or 0.1 percent, and PCE increased $22.0 billion, or 0.4 percent, based on revised estimates. NAPM for Sept. = + 57.8% Prices Paid = + 67.6% napm.org Purchasing Managers' Index (PMI) at 57.8%, Growth in Production, New Orders, New Export Orders Prices Excelerating NAPM's Price Index gained 7.8 percentage points to 67.6, rising above the 50 mark for the fifth consecutive month. The index indicates higher prices paid by manufacturers during September when compared to August, and the highest the index has been since May 1995. Construction Spending Aug. = -0.4% census.gov Construction put in place during August 1999 was estimated at a seasonally adjusted annual rate of $692.0 billion, nearly the same (+/-5 percent) as the revised July estimate of $694.8 billion, according to the U.S. Commerce Department's Census Bureau. biz.yahoo.com University of Mich. Sentiment Sept. = 107.2 biz.yahoo.com biz.yahoo.com
