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Friday: Personal Income & Outlays


Note: Mortgage rates are from and are for top tier scenarios.

• At 8:30 AM ET, Personal Income and Outlays, May 2023. The consensus is for a 0.4% increase in personal income, and for a 0.2% increase in personal spending. And for the Core PCE price index to increase 0.4%.  PCE prices are expected to be up 3.8% YoY, and core PCE prices up 4.7% YoY.

• At 9:45 AM, Chicago Purchasing Managers Index for June.

• At 10:00 AM, University of Michigan’s Consumer sentiment index (Final for June). The consensus is for a reading of 63.9.

Hotels: Occupancy Rate Down 1.0% Year-over-year

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