Report
Data Round-Up: Strong Nominal Sales Offset in Part by Higher Goods Inflation
posted by Michael Lewis on November 15, 2016
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Headline
A mixed shopping bag -- strong nominal sales were offset in part by higher goods inflation
Abstract
FMI’s analyses of this morning’s October Retail Sales and September Business Inventories reports as well as our review of recent U.S. Dollar and Trade Prices movements and an updated look at likely revisions in the Second Report of 16Q3 GDP. Plus notes on today’s November NY Fed Empire Regional Manufacturing Index.