Скачать с ютуб What is the PCE Personal Consumption Expenditures? (Straight to the Point) в хорошем качестве

What is the PCE Personal Consumption Expenditures? (Straight to the Point)

In around two minutes you will know what is the PCE. You will get both professional definition and easy explanation. No intro, no outro, straight to the point. ► Get FREE stocks up to $4500 with Wealthsimple: https://bit.ly/3kzztaD ► My 261 Companies Watchlist: https://bit.ly/3cbWL3f ► The Best Books about Investing: https://www.amazon.ca/shop/artemdikarev ► Get $25 from Newton (Canada): https://web.newton.co/r/BP8LC6 ► Get $20 from BitBuy (Canada): http://go.bitbuy.tech/SH1G ► Get $10 in Bitcoin from BlockFi: https://blockfi.com/?ref=ebccda0d ► Get $10 from Coinbase: https://www.coinbase.com/join/dikare_1 ► Download my FREE eBook about Investments: https://bit.ly/2FL2UHI ► Follow Me On Instagram:   / artemdkrv   PCE, or the Personal Consumption Expenditures, is the measurement of how much households spend on their everyday purchases. Other major economic indices would be PMI, CPI, and PPI. And if you are not sure what some of them mean, feel free to watch my other videos. And here is an example. The PCE basically measures how much people spend on average on goods and services. Which might sound the same as the CPI, or the Consumer Price Index. But the difference here is that the PCE shows average spending on everyday purchases, while the CPI shows the change in prices of these goods and services. The PCE along with other indices shows the economic state of a country. And in combination with the CPI, these two are biggest contributors towards the inflation. The PCE and the CPI, generally speaking, are inversely related. If the CPI goes up, meaning that goods and services become more expensive, the PCE goes down, because people spend less. If you find my content interesting, please consider subscribing to my channel. It helps a lot as a beginner creator. And let me know if there is anything you would like to know about personal finances and investing. *None of this is meant to be construed as investment advice, it's for entertainment purposes only. Links above include affiliate commission or referrals. I'm part of an affiliate network and I receive compensation from partnering websites. The video is accurate as of the posting date but may not be accurate in the future.