Report
Data Round-Up: Real Consumption on Track for Strong 4.5% in 14Q4
posted by Michael Lewis on December 23, 2014
Found in US, categorized in Growth Outlook and Business Cycle
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Headline
: Jingle all the way! FMI had been expecting the plunge in gasoline prices to add upside risk to our real consumption forecast. Today’s data shows that has been happening and then some.
Abstract
FMI’s analyses of this morning’s Third Report of 14Q3 GDP, November Durable Goods and Personal Income & Consumption reports (all three also attached as a single PDF) plus notes on November New Home Sales and the December Richmond Fed Manufacturing and Philadelphia Fed Non-Manufacturing regional surveys.
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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