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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
United StatesUS Core Personal Cons. Exp. YoY held to 1.1% in June 2013
FMPMonthlyReleased June 2013
US Core Personal Cons. Exp. YoY held to 1.1% in June 2013.
Latest Release
1.100000
Actual
—
Consensus
1.100000
Previous
Sigmacast Track Record
Sigmacast track record will appear here once this indicator has been released 3+ times since Sigmanomics began tracking.
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| S&P 500 | ▲ Direct | +0.50 | INDEX | Bullish Stocks | → View |
| EUR/USD | ▼ Inverse | −0.45 | FOREX | Bearish EUR | → View |
| USD/JPY | ▲ Direct | +0.40 | FOREX | Bullish USD | → View |
| XAU/USD | ▼ Inverse | −0.35 | COMMODITIES | Bearish Gold | → View |
| BTC/USD | ▲ Direct | +0.30 | CRYPTO | Watch | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Core Personal Cons. Exp. YoY (United States) was reported at 1.1% in June 2013. The reading was unchanged from the previous release.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with S&P 500 (Bullish Stocks). A secondary relationship exists with EUR/USD, negatively correlated (Bearish EUR).
WHAT TO WATCH NEXT
Same-country events in the next 14 days include NY Empire State Manufacturing Index (Jun 15) and Industrial Production MoM (Jun 15).
Auto-generated from current model state · Refreshes on each release · Last update June 2013.
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Core Personal Cons. Exp. YoY - US
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About Core Personal Cons. Exp. YoY — United States
DEFINITION
Core Personal Consumption Expenditures (PCE) YoY is a key financial indicator that measures the change in the total amount of goods and services purchased by individuals and households in a given period of time, excluding volatile items such as food and energy. This indicator is closely monitored by economists and policymakers as it provides insight into consumer spending patterns and overall economic growth. A higher YoY percentage indicates an increase in consumer spending, which can stimulate economic activity, while a lower percentage may signal a slowdown in economic growth.
WHY THIS INDICATOR MATTERS
This release contributes to the broader macro picture used by cross-asset investors for positioning and risk management. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Jun 2013): actual 1.1 %.
WHAT'S NEXT
This indicator correlates most strongly with S&P 500 (Bullish Stocks, r=0.50) — a useful reference for index-focused traders.