Report
Data Round-Up: 16Q2 GDP Disappoints, But Inventory-Sales Mix Bodes Well
posted by Michael Lewis on July 29, 2016
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Headline
Real growth disappointed in 16Q2. Moreover, with downward revisions in the annual benchmark, the past three quarters look pathetic, averaging +1% growth. This is bad news, but old news.
Abstract
FMI’s analyses of today’s Advance Report of 16Q2 GDP (including the Annual Revision) and July Chicago Purchasing Managers’ Index plus other regional surveys.
About 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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