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PCE Index: What July's Numbers Tell Us About Current Economic Trends
Earlier today, the Bureau of Economic Analysis released its July estimate for the Personal Consumption Expenditures Price Index, also known as the PCE Index. What does this mean for consumers? CBPP’s Chief Economist, Gbenga Ajilore, explains.
#publicpolicy #economy #consumertrends
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The Center on Budget and Policy Priorities (CBPP) is a nonpartisan research and policy institute that combines rigorous research and analysis, strategic communications, and effective advocacy to shape debates and affect policy, both nationally and in states.
