Report
Data Round-Up: Personal Income, Consumption Do OK in September; Core Inflation Trend Remains at Target
posted by Michael Lewis on October 29, 2018
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Headline
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.
Abstract
FMI’s analysis of today’s September Personal Income & Consumption.
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.
FMI's reports are driven by data releases in the U.S. And here are the major releases that they cover,
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