Report
Data Round-Up: Harvey to Dampen 17Q3 Consumption, Little Net Impact on 2017-H2
posted by Michael Lewis on August 31, 2017
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Headline
After today’s upward revisions to June and decent July results, real consumption was poised arithmetically for an easy +3% gain in 17Q3. Then came Harvey in August. While not as dire as most news reports portray, the storm will trim 17Q3 consumption.
Abstract
FMI’s analyses of today’s July Personal Income & Consumption report and August Chicago Purchasing Managers and other Regional Business Surveys, as well as our Summary of major data released in August and a Schedule of key data releases in September.
About 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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