Here come personal income and spending ...
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Reuters
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Economists forecast that personal income and spending both rose 0.4% last month, according to Bloomberg.
We'll also get a reading on inflation via personal consumption expenditures (PCE). Core personal consumption expenditures, which measures prices paid for things and services except food and gas, rose 1.7% year-on-year.
The would leave the Federal Reserve's preferred measure of inflation below the 2% target.
The advance estimate of third-quarter gross domestic product (GDP) released Friday showed that consumer spending remained the key driver of economic growth, even though it slowed a bit from the second quarter.
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