Report
Data Round-Up: Real Consumption on Track for Near +3% Gain in 17Q4
posted by Michael Lewis on November 30, 2017
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Headline
An upside inflation surprise, plus respectable income and consumption gains. With an arithmetic assist from the storm-boosted September level, real consumption is on track for a solid +2.9% gain in 17Q4, in-line with our earlier forecast.
Abstract
FMI’s analyses of today’s October Personal Income & Consumption report, November Chicago Purchasing Managers survey, and Weekly Initial UI Claims & Rail Traffic data, along with our Summary of major data released in November.
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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