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Published: 24 November 2010
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Written by Editor
The Post-FOMC Minutes, Pre-Turkey Day, Data Dump
Here's the data dump:
- Weekly jobless claims have fallen to a level not seen since July 2008. That's good.
- Durable goods orders fell by -3.3% versus expectations for no change. That's bad.
- The year-over-year PCE price index a tad lower than expectations; core PCE price index at record low. Where's the inflation?
- Consumer spending a tad higher than expectations: +0.3% versus +0.2%. That's decent.
- US personal saving rate a tad higher than expectations, up +0.1% from September to October. That's decent.
- US personal income rose by 0.5%. That¡¦s good.
