Report
Data Round-Up: 'Gray' July Retail Sales Point to Softer 14Q3 Consumption Growth
posted by Michael Lewis on August 13, 2014
Found in Middle East, categorized in Growth Outlook and Business Cycle
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Headline
July’s drab retail results put 14Q3 on track for only about +1.75% real consumption growth, less than we had been expecting. Still, this is very early data, and we remain confident that underlying trends are improving.
Abstract
FMI’s analyses of today’s July Retail Sales and June Business Inventories reports as well as an updated look at 14Q2 GDP Sources & Assumptions.
About Michael Lewis
Mike Lewis founded Free Market Inc. (FMI) in 1982 as a full-service economic consulting firm, providing insights and in-depth data analysis primarily for institutional money managers and corporate planning directors.
FMI has compiled a solid record of timely, independent and accurate economic forecasts. FMI blends its unique analysis of indicators and experience with economic cycles into a consistent overall outlook. They offer both a comprehensive overview and in-depth detail that enable clients to integrate FMI’s insights into their decision-making process.
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