Here come personal income and spending ...

The Commerce Department will release data on personal income, spending, and saving during September at 8:30 a.m. ET.

Economists forecast that personal income and spending both rose 0.4% last month, according to Bloomberg.

We'll also get a reading on inflation via personal consumption expenditures (PCE). Core personal consumption expenditures, which measures prices paid for things and services except food and gas, rose 1.7% year-on-year.

The would leave the Federal Reserve's preferred measure of inflation below the 2% target.

The advance estimate of third-quarter gross domestic product (GDP) released Friday showed that consumer spending remained the key driver of economic growth, even though it slowed a bit from the second quarter.

More to come ...

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