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

Found in US, categorized in Macro

Tags: michael lewis FMI retail sales business inventory

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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.

About Michael Lewis

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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