Pantheon Macroeconomics - It's unrealistic to have a repeat of the second quarter's 4.2% leap in consumers' spending as your base case for the third quarter. It's not impossible, though, given the potential for the saving rate to continue to decline, and the apparently favorable base effect from the second quarter.

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12 August. 2016 Consumption Growth Will Slow in Q3, but Remain Respectable

By Ian Shepherdson

It's unrealistic to have a repeat of the second quarter's 4.2% leap in consumers' spending as your base case for the third quarter. It's not impossible, though, given the potential for the saving rate to continue to decline, and the apparently favorable base effect from the second quarter.

Posted: 12th Aug 2016 in 'U.S. Documents'

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