Data Round-Up: Real Consumption Likely Up +2% in 14Q3

posted by Michael Lewis on September 12, 2014

Found in US, categorized in Growth Outlook and Business Cycle

Tags: retail sales business inventories bank lending money supply

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Smooth sailing. Today's retail revisions washed away much of the early summer softness. Given the above-consensus August results and some rebound likely in services, real consumption is on track for +2% annualized growth in 14Q3.


FMI’s analyses of today’s August Retail Sales and July Business Inventories reports as well as reviews of August Bank Lending & Money Supply data and August Import and Export Prices.

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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