Report

Data Round-Up: Real GDP Likely Grew a Modest +1.8% in 16Q2, But Final Sales Posted Solid Gain

posted by Michael Lewis on July 28, 2016

Found in US, categorized in Macro

Tags: FMI michael lewis retail wholesale inventory UI claim rail traffic data

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Headline

The new Advance Indicators report unveiled today points to weaker real growth in tomorrow’s 16Q2 Advance GDP report, but with a more favorable mix.

Abstract

FMI’s analysis of today’s June Advance Indicators report -- the new Census release that groups the former “Advance Trade in Goods” report with a new advance look at retail and wholesale inventories -- as well as the latest Weekly UI Claims & Rail Traffic data.

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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