Data Round-Up: Inventory Correction Has Ways to Go; Income Revised Up Markedly

posted by Michael Lewis on November 24, 2015

Found in US, categorized in Macro

Tags: FMI michael lewis GDP trade data

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As expected, real growth was revised up for 15Q3, entirely due to a marked increase in inventories.


FMI’s analyses of this morning’s Second Report of 15Q3 GDP and October Advance Trade-Goods data, as well as notes on the November Philadelphia Fed regional non-manufacturing survey, Richmond Fed regional manufacturing & services surveys and Conference Board Consumer Confidence Index.

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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