Personal Consumption Expenditures
With today's release of personal consumption expenditure data showing that real personal consumption expenditures fell .1% from last month, I thought I'd take a (very) quick look at these data. This is a graph of the percentage change in personal consumption expenditures from one year ago from the St. Louis Fed. The red line representing the latest value of the growth in PCE has been added to the diagram to make it easier to compare the current growth rate in PCE to the growth rate in earlier time periods:
Click to enlarge the diagram
Posted by Mark Thoma on Saturday, September 30, 2006 at 12:06 AM in Economics, Monetary Policy |
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