HERE COMES INCOME AND SPENDING...
REUTERS/Lucas Jackson
Personal income and outlay data for October prints at 8:30 a.m.Incomes are expected to have climbed 0.3%, versus 0.5% in September. Personal spending is expected up 0.2%, unchanged from last month.
Expectations are growth for growth of 0.2% in hourly earnings month over month, versus 0.1% in September. The year-over-year change was expected to come in at 2.0% versus +2.2% last month.
Weekly hours are expected to climb marginally to 34.5 from 34.4.
Core personal consumption expenditure prices are expected to be unchanged at 0.1% growth month-over-month, and up 1.1% year-over-year versus 1.2% last month.