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US: Consumers Take a Breather in August

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Sep 30, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    The slight disappointment in spending in August puts some downside risk to our expectation for 3.0% annualized consumer spending growth in the third quarter. Still, Q3, is looking like a pretty healthy follow through to Q1's 4.4% showing, and would still see consumer spending provide a solid base for overall[​IMG]

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