Data Round-Up: Personal Income, Consumption Do OK in September; Core Inflation Trend Remains at Target

posted by Michael Lewis on October 29, 2018

Found in US, categorized in Retail

Tags: personal income consumption

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The tax cut helped push real consumption growth to +3.9% annualized in 18Q2-Q3. While that boost will fade, job gains remain solid and wage growth is picking up some. FMI expects real consumption to maintain a better-than +2.5% pace in 18Q4 and thru 2019.


FMI’s analysis of today’s September Personal Income & Consumption. 

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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