Data Round-Up: Real Consumption Likely Growing +3% in 16Q2

posted by Michael Lewis on May 13, 2016

Found in US, categorized in Macro

Tags: FMI michael lewis retail sales business inventory PPI bank lending money supply GDP

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Finally! After hibernating for the winter, shoppers have emerged in force this spring. Real consumption growth is on track for a +3% annualized gain in 16Q2, a somewhat bigger rebound than FMI had expected.


FMI’s analyses of today’s mass of data including April Retail Sales, March Business Inventories, April PPI, April Bank Lending & Money Supply plus the preview of the Second Report of 16Q1 GDP.

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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