LAST WEEK

News & Commentary Weekly Highlights:

• CNBC: What’s the Real Unemployment Rate? (Friday)
• Wall Street Journal: Treasury’s Lew Says Congress Must Raise Debt Limit by Nov. 5 (Thursday)
• Market Watch: Third-Quarter Growth Not Even Worthy of 1-Handle, Atlanta Fed Tracker Shows (Thursday)
• Forbes: Consumers Still Feeling the Pinch: The Next Big Health Care Debate (Wednesday)
• Wall Street Journal: The ‘Wage Gap’ Myth that Won’t Die (Wednesday)

 

Top Economic Indicator Highlights:

Personal Income and Outlays (August 2015)

• Personal Income: 0.3%
• Consumer Spending: 0.4%
• Personal Consumption Expenditure (PCE) Price Index: 0.0%, Year-on-year: 0.3%
• Core PCE Price Index: 0.1%, Year-on-year: 1.3%
•  Noteworthy: The PCE price index, as measured by its annual change, continues to trend below the Federal Reserve’s preferred long-term target of 2% that the Fed finds most consistent with its statutory mandate.

 

THIS WEEK

Upcoming Economic Reports & Releases:

Major Indicators

• ISM Non-Manufacturing Index (10am, Monday)
• International Trade (8:30am, Tuesday)
• Consumer Credit (3pm, Wednesday)
• Wholesale Trade (10am, Friday)

 

Chart of the Week: