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

Tags: FMI michael lewis GDP Chicago Purchasing Managers Index Employment Cost Index regional survey

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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.


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. 

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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