Spending is income. Here is how much of it hit the economy.
Net government transfers through October 26, $147.0 bln, up $45.2 bln y-o-y. The y-o-y gap widened by $30.2 bln over the week.
Treasury withdrawals through October 26, $542.1 bln, up $51.1 bln y-o-y. The y-o-y gap widened by $27.7 bln over the week.
Employment and withholding tax deposits through October 26, $243.3 bln, up $29.6 bln y-o-y. The y-o-y gap widened by $7.1 bln over the week. Widest positive gap this fiscal year.
Crude inventories fell 3.1 mln bbls to 412.5 mln bbls. Three weeks down for a drop of 14.8 mln bbls. Lowest level in three months. Down 11.3 mln bbls y-o-y.
Bearish sentiment increased 4.2 percentage points to 45.8%. Second week up for an increase of 6.8 percentage points. Highest level in three weeks. 48% above the historical average.