Personal income rose 0.5% in April, personal consumption fell 0.1%, while core personal consumption expenditures rose 0.3% in the month, the Commerce Department reported yesterday.

Economists surveyed by Thomson Reuters predicted a 0.2% decline in personal income, an identical 0.2% decrease in consumption, and a 0.2% increase in the core PCE.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.