Report
Data Round-Up: Real Consumption Likely Rose +3.5% in 18Q3
posted by Michael Lewis on October 15, 2018
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Headline
Hurricane Florence roiled the September results, particularly food services (Michael may well have a similar effect on October results). Nonetheless, “core” retail sales posted a solid +0.5% gain in September and nearly +5% annualized for the quarter.
Abstract
FMI’s analyses of this morning’s September Retail Sales and August Business Inventories reports, plus notes on this morning’s the October NY Fed Empire regional manufacturing index.