Pantheon Macroeconomics - The first look at real consumers' spending for the second quarter will be discouraging, at least at the headline level. We expect to see a 0.1% month-to-month decline in real consumers' spending in April, below the +0.1% consensus.

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1 June. 2015 Consumption Started Q2 Slowly, but May Looks Much Better

By Ian Shepherdson

The first look at real consumers' spending for the second quarter will be discouraging, at least at the headline level. We expect to see a 0.1% month-to-month decline in real consumers' spending in April, below the +0.1% consensus.

Posted: 1st Jun 2015 in 'U.S. Documents'

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