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Personal Consumption News is an EIN News Service for finance industry professionals. Constantly updated news and information about finance.
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  • US Dollar Losing its Opportunity to Produce a Meaningful Breakout before Liquidity Drains 25 Nov 2009 03:11 GMT
    ... a 2.8 percent pace of expansion; but more contentious and valuable was the breakdown. Personal consumption and gross private investment saw negative revisions offset by exports and government consumption. A ...

  • U.S. consumer calls the tune 25 Nov 2009 01:54 GMT
    ... an advance look at the mood of the consumer with the release of the personal consumption, expenditures and income data for October. Also due out is the University of Michigan's ...

  • Wall Street down after 3rd quarter GDP growth cut 25 Nov 2009 00:43 GMT
    ... is concerned," said Briefing.com's analyst Patrick O'Hare. Analysts at Charles Schwab & Co cited personal consumption in the data, which was smaller than initially reported and "short of expectations. They ...

  • Fed Officials Cut Forecasts for Unemployment Rate 25 Nov 2009 01:15 GMT
    ... 0.9 percent to 1.7 percent. The forecasts are based on the Commerce Department’s core personal consumption expenditures price index. The projections reflect the FOMC’s statement that price increases “will remain ...

  • Wall Street dips after GDP growth cut 25 Nov 2009 01:16 GMT
    ... is concerned,” said Briefing.com's analyst Patrick O'Hare. Analysts at Charles Schwab & Co cited personal consumption in the data, which was smaller than initially reported and “short of expectations. They ...

  • As expected, third quarter GDP growth revised downward 25 Nov 2009 01:35 GMT
    ... mostly due to an upward revision in imports, as well as downward revisions to personal consumption expenditures and nonresidential fixed investment. Economists polled by Bloomberg LP predicted the GDP estimate, ...

  • Estimate: GDP Increased at 2.8% Rate in 3Q 25 Nov 2009 04:30 GMT
    ... The increase in real GDP in the third quarter primarily reflected positive contributions from personal consumption expenditures (PCE), exports, private inventory investment, federal government spending, and residential fixed investment that ...

  • Q3 GDP Estimates Lowered 24 Nov 2009 14:53 GMT
    ... The increase in real GDP in the third quarter primarily reflected positive contributions from personal consumption expenditures (PCE), exports, private inventory investment, federal government spending, and residential fixed investment that ...

  • Wishful Thinking About American Jobs 24 Nov 2009 13:11 GMT
    ... Chinese consumers are taking home a shrinking proportion of the total economy. Last year, personal consumption in China amounted to only 35 percent of the Chinese economy; 10 years ago ...

  • LEAD: U.S. 3rd qtr real GDP revised downward to annualized 2.8% growth+ 24 Nov 2009 15:51 GMT
    ... point from the advance estimate released in late October was due partly to lower-than-expected personal consumption and residential investment during the July-September quarter, the department said. Despite the revision, the ...

  • EUR/USD: Trading the Durable Goods Report 24 Nov 2009 19:50 GMT
    ... forecasts calling for an improvement of 0.2% and 0.6% respectively. Initial jobless claims, the personal consumption expenditure reading, University of Michigan consumer confidence and new home sales are also on ...

  • Compass, UU, Johnson Matthey, GDP 24 Nov 2009 18:51 GMT
    ... Jobless Claims (US) (13:30) MBA Mortgage Applications (US) (12:00) New Homes Sales (US) (15:00) Personal Consumption Expenditure (US) (13:30) Personal Income (US) (13:30) Personal Spending (US) (13:30) U. of Michigan ...

  • Report from Europe: Stocks See Red as Economic Data Disappoints 24 Nov 2009 17:14 GMT
    ... slew of US data has shown softer than expected inflationary pressures, weaker then expected personal consumption numbers and the Case-Shiller 20 city house price survey which showed prices declined more ...

  • US open: Stocks lower on GDP revision 24 Nov 2009 17:14 GMT
    ... US open: Stocks lower on GDP revision Weaker than expected US personal consumption and gross domestic product (GDP) data sent shares into reverse in early trading. Third ...

  • Wall Street down after GDP growth cut 24 Nov 2009 18:04 GMT
    ... is concerned," said Briefing.com's analyst Patrick O'Hare. Analysts at Charles Schwab & Co cited personal consumption, which was smaller than initially reported and "short of expectations". They also said that ...


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