Report
Data Round-Up: Real Consumption Likely Up +3% or More in 17Q2
posted by Michael Lewis on May 30, 2017
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Headline
With consensus-like April results and healthy upward revisions to March (which give an arithmetic boost to the current quarter), real consumption growth should exceed +3% annualized in 17Q2. FMI continues to expect real GDP to be up +3%
Abstract
FMI’s analyses of today’s April Personal Income & Consumption report, March S&P/Case-Shiller Home Price Index, and May Conference Board Consumer Confidence Index, as well as our Preview of the rest of this week’s major releases.