Economic Report:Personal Consumption Expenditures
Released by:Bureau of Economic Analysis, Department of Commerce
Release Date/Time: 8:30 a.m. last day of the month
Website:http://www.bea.gov/newsreleases/rels.htm
Description:Information released by the United States Department of Commerce's Bureau of Economic Analysis indicating changes in average personal income and expenditures. Personal income is the dollar value of income received from all sources by individuals. Personal outlays include consumer purchases of durable and nondurable goods, and services. Also included in this report is the Implicit Price Deflator, also known as the Personal Consumption Expenditure Deflator, that is the Federal Reserve's preferred measure of inflation.