Pantheon Macroeconomics - In the absence of an unexpected surge in auto sales or a sudden burst of unseasonably cold weather, lifting spending on utilities, fourth quarter consumption is going to struggle to rise much more quickly than the 2.1% annualized third quarter increase.

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1 November 2016 Will Core PCE Inflation hit 2% This Year?

By Ian Shepherdson

In the absence of an unexpected surge in auto sales or a sudden burst of unseasonably cold weather, lifting spending on utilities, fourth quarter consumption is going to struggle to rise much more quickly than the 2.1% annualized third quarter increase.

Posted: 31st Oct 2016 in 'U.S. Documents'

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