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Showing 11 - 20 of 34 results for "personal spending"

Economic Wrap

BENJAMIN ONG  |  TUESDAY, 30 AUG 2016
... income (0.7%); personal dividend income (0.4%); and, personal interest income (0.4%). The monthly growth in US personal spending slowed to 0.3% in July from 0.5% in June. Still, this represents the fourth consecutive month of gains and matched market ...

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 30 JUN 2016
... 1.1% surge in the previous month. But similar to income, the latest numbers lowered the annual growth rate in personal spending to 3.7% from 4.1% in April. While the Fed could still argue for another lift based on these numbers (sans Brexit) alone, the ...

Economic Wrap

BENJAMIN ONG  |  TUESDAY, 29 MAR 2016
... growth eased to 0.2% in February from 0.5% in the previous month as wages and salaries fell by 0.1%. Worse, personal spending (which accounts for around 70% of GDP) - gained only 0.1% last month following a sharp downward revision in January's number ...

A "chilling" moment for the RBA

BENJAMIN ONG  |  MONDAY, 29 FEB 2016
... spending it. Personal income increased by a greater than expected 0.5% in January - the most since June last year. Personal spending also went up by a stronger than expected 0.5% in January - the fastest since May 2015. But the biggest story that put ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 1 AUG 2012
... on consumer confidence, personal incomes and spending, and home prices. The Commerce Department reported June personal spending, the main driver of the US economy, was essentially flat, while incomes rose 0.5 per cent, slightly better than expected. ...

Market Wrap - Morning

AAP  |  MONDAY, 31 OCT 2011
... battling over raising the nation's debt limit. There was little action in economic news -- a September reading on personal spending and income from the US Commerce Department was in line with expectations. The bond market rallied. The yield on the 10-year ...

Buy a toaster

BENJAMIN ONG  |  TUESDAY, 1 MAR 2011
... remains in a slump -- January pending home sales fell 2.8 per cent following a 3.2 per cent drop in December - and personal spending rose by 0.2 per cent in January - half expectations for a 0.4 per cent gain and the smallest increase since June last ...

Speck of sand

BENJAMIN ONG  |  TUESDAY, 1 FEB 2011
... data instalment confirms the strong contribution of personal consumption on fourth quarter real GDP growth. US personal spending increased by 0.7 per cent in December - more than expectations for a 0.5 per cent gain. Personal income rose by 0.4 per cent ...

Me too

BENJAMIN ONG  |  FRIDAY, 26 NOV 2010
... yield curve point to continued improvement. And just yesterday, we saw the latest data on consumer confidence, personal spending and personal income - all were better, all were improving, all show that America has indeed, something to be thankful for. ...

Better than a Thanksgiving turkey

BENJAMIN ONG  |  THURSDAY, 25 NOV 2010
... October. Disposable personal income rose by 0.4 per cent in the month - the ninth increase in 10 months. No wonder, personal spending has risen over the past four months, it rose by 0.4 per cent in October. Higher income, higher spending, higher confidence... ...

Editor's Choice

Capstone joins forces with PictureWealth to form $22bn FUA planning network

MICHELLE BALTAZAR  |   1:00PM
PictureWealth Group has inked a landmark deal with national advice licensee Capstone Financial Planning, forming a combined business with 360 financial advisers and $22 billion in funds under advice.

Mercer reviews small caps, Aussie equities mandates

KARREN VERGARA  |   12:46PM
Mercer Investments Australia has overhauled the fund manager line-up across its Australian equities and small-caps funds following an investment review, retaining some incumbents and awarding fresh mandates at the same time.

HESTA launches campaign around super tax benefits

MATTHEW WAI  |   11:37AM
The super fund is launching 'Super Saturday' to help those that are missing out on the advantage from super tax benefits ahead of the end of the financial year.

RBA on hold, rate cuts expected

ELIZA BAVIN  |   12:07PM
The Reserve Bank of Australia kept interest rates on hold at its June meeting with economists suggesting the next move could be a rate cut.

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