Report
Data Round-Up: 15Q2 Real GDP to Be Revised to +3.5%; 15Q3 Consumption Headed for +3.2%
posted by Michael Lewis on August 13, 2015
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Headline
Based on today’s healthy July retail sales and something of an optimistic slant on the rest of the quarter, FMI is tracking +3.2% real consumption growth for 15Q3.
Abstract
FMI’s analyses of today’s July Retail Sales and June Business Inventories reports, as well as an updated look at likely revisions in the 15Q2 Second GDP report plus a review of the latest Weekly UI Claims and Rail Traffic data and July US Dollar & Trade Prices.