Report
Data Round-Up: Real Equipment Spending up +7%, Real GDP +3.1% in 18Q3
posted by Michael Lewis on October 25, 2018
Found in US, categorized in Manufacturing
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Headline
After today’s solid durable goods orders report, FMI believes that real equipment spending will post a +7% annualized gain in 18Q3, in-line with its healthy trend.
Abstract
FMI’s analyses of today’s September Durable Goods Orders and Advance Indicators (Goods-trade, wholesale & retail inventories) reports as well as the latest Weekly UI Claims and Rail Traffic data.
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.
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