Report
Data Round-Up: Solid PMI, Real Consumption Reports Point to Strong Rebound in 17Q2 GDP
posted by Michael Lewis on May 01, 2017
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Headline
: Today’s data were generally upbeat. The PMI retrenched from elevated 17Q1 levels but, at 55, was clearly healthy and still displayed a notable ‘Trump bump’ compared to its pre-election readings.
Abstract
FMI’s analyses of this morning’s April PMI, March Construction, and March Personal Income reports, as well as a review of GDP Sources & Assumptions for 17Q1