• Schedule for Week of Aug 28, 2016
• At 8:30 AM ET, Personal Income and Outlays for July. The consensus is for a 0.4% increase in personal income, and for a 0.3% increase in personal spending. And for the Core PCE price index to increase 0.1%.
• At 10:30 AM, Dallas Fed Survey of Manufacturing Activity for August.
Oil prices were down over the last week with WTI futures at $47.14 per barrel and Brent at $49.46 per barrel. A year ago, WTI was at $45, and Brent was at $48 – so prices are mostly unchanged year-over-year.
Here is a graph from Gasbuddy.com for nationwide gasoline prices. Nationally prices are at $2.21 per gallon (down about $0.30 per gallon from a year ago).