Correction: Personal consumption expenditures data and history in 9.28.07 post
In the post "Spending Momentum" of Sep. 28, 2007, the monthly percentage change in August personal consumption expenditures was initially reported as rising 5.6% in August. In fact, it rose by 0.56%. Also, it was initially reported that the August rise in PCE was the highest since May 2007. In fact, it was the highest since April 2007.