Report
Data Round-Up: Retail Sales Break Slump; Real Consumption Likely Rose +1.25% in 18Q1
posted by Michael Lewis on April 16, 2018
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Headline
As expected/hoped, retail sales posted a solid increase in March following three months of disappointments. For 18Q1, FMI is tracking near +1.25% real consumption growth.
Abstract
FMI’s analyses of this morning’s March Retail Sales and February Business Inventories reports, plus notes on this morning’s April NY Fed Empire regional manufacturing index and the National Association of Home Builders April Housing Market index.