Data Round-Up: After Soft May; Real Consumption on Track for Near +3% Gain in 18Q2

posted by Michael Lewis on June 29, 2018

Found in US, categorized in Macro

Tags: personal income consumption

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Consumption was disappointing in May, but year-year core PCE inflation hit +2%, the Fed target, for the first time in six years.


FMI’s analyses of today’s May Personal Income & Consumption report and June Chicago Purchasing Managers Index survey.

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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