Hot finance topics

Following is a summary of the U.S. personal income and spending report for June released by the Commerce Department.

===============================================================================

June May April March Feb. Jan. Dec. June

2008 2008 2008 2008 2008 2008 2007 YOY ===============================================================================

—————–Based on Current Dollars—————– Personal income 0.1% 1.8% 0.2% 0.4% 0.2% 0.2% 0.4% 5.7% Compensation 0.2% 0.3% 0.1% 0.4% 0.3% 0.3% 0.4% 4.3% Wage & salary 0.2% 0.3% 0.1% 0.5% 0.4% 0.3% 0.4% 4.5% Disposable incom -1.9% 5.7% 0.3% 0.4% 0.2% 0.1% 0.5% 7.6% Personal spending 0.6% 0.8% 0.3% 0.6% 0.0% 0.4% 0.2% 5.3% 3-mo. annual % 5.8% 4.8% 3.4% 4.5% 5.1% 6.4% 5.3% n/a Savings rate 2.5% 4.9% 0.3% 0.3% 0.5% 0.2% 0.4% 0.1%

————–Based on Chained (2000) Dollars————- Personal spending -0.2% 0.3% 0.1% 0.3% -0.2% 0.1% -0.1% 1.2% 3-mo. annual % 1.5% 1.5% 0.5% 0.9% 0.9% 1.4% 1.0% n/a ===============================================================================

June May April March Feb. Jan. Dec. June

2008 2008 2008 2008 2008 2008 2007 YOY ===============================================================================

————–Based on Chained (2000) Dollars————- Disposable income -2.6% 5.2% 0.1% 0.0% 0.1% -0.2% 0.2% 3.4%

—————–Price Indexes (2000=100)—————– Personal spending 0.8% 0.5% 0.2% 0.3% 0.1% 0.3% 0.3% 4.1% 3-mo. annual % 4.2% 3.3% 2.9% 3.6% 4.2% 4.9% 4.3% n/a Ex-food, energy 0.3% 0.2% 0.1% 0.2% 0.1% 0.2% 0.2% 2.3% 3-mo. annual % 2.1% 2.1% 2.1% 2.3% 2.2% 2.3% 2.5% n/a

———————–YOY%———————– PCE Deflator 4.1% 3.5% 3.4% 3.4% 3.5% 3.6% 3.5% n/a

(3 decimals) 4.059% 3.509% 3.393% 3.435% 3.493% 3.610% 3.546% n/a Ex food & energy 2.3% 2.2% 2.2% 2.2% 2.1% 2.2% 2.3% n/a

(3 decimals) 2.307% 2.223% 2.180% 2.226% 2.131% 2.177% 2.278% n/a Market Based PCE 4.1% 3.5% 3.3% 3.3% 3.4% 3.5% 3.5% n/a Market Core PCE 2.0% 1.9% 1.8% 1.7% 1.7% 1.8% 1.9% n/a

———————–MOM%———————– PCE Deflator 0.8% 0.5% 0.2% 0.3% 0.1% 0.3% 0.3% n/a

(3 decimals) 0.758% 0.451% 0.228% 0.310% 0.133% 0.313% 0.276% n/a ===============================================================================

June May April March Feb payday loan. Jan. Dec. June

2008 2008 2008 2008 2008 2008 2007 YOY =============================================================================== PCE Deflator ———————–MOM%———————– Ex food & energy 0.3% 0.2% 0.1% 0.2% 0.1% 0.2% 0.2% n/a

(3 decimals) 0.266% 0.172% 0.139% 0.186% 0.143% 0.232% 0.183% n/a Market Based PCE 0.8% 0.5% 0.3% 0.3% 0.1% 0.3% 0.3% n/a Market Core PCE 0.3% 0.1% 0.2% 0.1% 0.1% 0.2% 0.2% n/a =============================================================================== NOTE: All figures are seasonally adjusted and month-over-month unless otherwise stated. Three month annualized calculations are the latest three months average compared to the previous three months average.

SOURCE: U.S. Commerce Department. http://www.bea.gov

Source