Report

Data Round-Up: Vehicle Sales, Services Index Hit Cycle Highs; Trade a Solid Plus for 14Q3

posted by Michael Lewis on September 04, 2014

Found in US, categorized in Growth Outlook and Business Cycle

Tags: export GDP

Report Cover

Headline

The NMI and vehicle sales both exceeded expectations in August and hit new cycle highs. US exports also continued to confound pessimists. These and other recent upbeat data are pushing our 14Q3 real GDP forecast up to near +3%.

Abstract

FMI's analyses of the August Non-Manufacturing Index survey, July International Trade report, and August Vehicle Sales.

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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