Report
Data Round-Up: Robust Real Consumption Bodes Well; Wage Pressures Rising
posted by Michael Lewis on January 30, 2015
Found in US, categorized in Growth Outlook and Business Cycle
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Headline
A hiccup, not the flu! Headline real growth for 14Q4 came in below expectations, but the good news was clear -- real consumption up more than +4% -- while the disappointments (read: trade) were likely exaggerated.
Abstract
FMI’s analyses of this morning’s Advance Report of 14Q4 GDP, the January Chicago Purchasing Managers Index and other Regional Surveys and the 14Q4 Employment Cost Index.