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Here comes personal income and spending ...

Myles Udland   

Here comes personal income and spending ...
Stock Market1 min read

The May report on personal income and spending is set for release at 8:30 am ET.

Personal income is expected to rise 0.5% in May, up from a 0.4% increase in April.

Spending is expected to rise 0.7% in May after spending in April was flat.

This report will also give us a reading on personal consumption expenditures - a measure of inflation - which is expected to show that one a "core" basis, which excludes food and gas, prices rose 0.1% over last month and 1.2% over the prior year in May.

We'll be back with the live numbers when they cross.

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