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Wednesday morning Cheat Sheet: 3 News Changing MarketsDan RitterGoogle+Twitter 30 November 2012 The Bureau of Economic Analysis published personal income for the month of October on Friday and outlays estimates. The report indicates that, due to hurricane Sandy, consumer spending dropped in part for the first time in 5 months. During the month, spending dropped by 0.2 percent led by a 1.7 percent fall in spending on durable goods. The BEA states that it can not measure Sandy’s total impact on personal income and outlays, but notices that the storm had a noticeable impact on the figures of October. Check out our new portfolio picks from CHEAT SHEET now. June

July

August

October

0.1

0.4

0.0

Personal use

0.0 0.3

0.8 -0.2

> 0.0

Personal consumption

Personal consumption

0.0 0.0 0.3

0.3

0.8 -0.2

0.4

0.0

Personal use

0.0 0.3

0.8 -0.2

> 0.0

Personal consumption

Personal consumption

0.0 0.0 0.3

0.3

0.8 -0.2