Report
Data Round-Up: Real Consumption Likely Growing +3% in 16Q2
posted by Michael Lewis on May 13, 2016
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Headline
Finally! After hibernating for the winter, shoppers have emerged in force this spring. Real consumption growth is on track for a +3% annualized gain in 16Q2, a somewhat bigger rebound than FMI had expected.
Abstract
FMI’s analyses of today’s mass of data including April Retail Sales, March Business Inventories, April PPI, April Bank Lending & Money Supply plus the preview of the Second Report of 16Q1 GDP.