Report
Data Round-Up: Real Consumption on Track for +3.5% Growth in 18Q3
posted by Michael Lewis on September 28, 2018
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Headline
Real consumption appears headed for a solid +3.5% annualized gain in 18Q3. Core PCE inflation, now at the Fed’s +2% target, will likely drift up through next year. Regional surveys show healthy momentum for both manufacturing and services.
Abstract
FMI’s analyses of today’s August Personal Income & Consumption report and September Chicago Purchasing Managers Index, as well as our Summary of major data released in September and Schedule of major data reports in October.