Report
Data Round-Up: Regional Surveys Show Continuing Momentum; Real Cons. Poised for +3% in 18Q3
posted by Michael Lewis on July 31, 2018
Found in US, categorized in Growth Outlook and Business Cycle
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Headline
Regional surveys show continuing momentum in the economy this summer. With a firm consumption base in the June data and continuing favorable labor market signs, FMI expects +3.0% real consumption growth this quarter.
Abstract
FMI’s analyses of today’s final data for the month, including June Personal Income, July Chicago Purchasing Managers Index, May Home Prices and July Conference Board Consumer Confidence reports, as well as our Summary of major data released in July and Schedule of major data reports in August.
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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