Report
‘Hot Streak’ Continues: Expect +3% GDP in 14Q4 & Beyond
posted by Michael Lewis on January 28, 2015
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Headline
By freeing up resources to spend on other goods and services, lower oil prices spurred real consumption growth to +3.2% annualized in 14Q3 and likely to +4% in 14Q4.
Abstract
FMI’s Preview of 14Q4 GDP and commentary on the impact of lower oil prices.