Pantheon Macroeconomics - The 0.8% jump in nominal November retail sales is consistent with a 0.4% rise in real total consumption, which in turn suggests that the fourth quarter as a whole is likely to see a near-3% annualized gain.

U.S. Documents | 15 December 2017 Strong November Sales Mean Q3 Consumption Heading for 3%
The 0.8% jump in nominal November retail sales is consistent with a 0.4% rise in real total consumption, which in turn suggests that the fourth quarter as a whole is likely to see a near-3% annualized gain.

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15 December 2017 Strong November Sales Mean Q3 Consumption Heading for 3%

By Ian Shepherdson

The 0.8% jump in nominal November retail sales is consistent with a 0.4% rise in real total consumption, which in turn suggests that the fourth quarter as a whole is likely to see a near-3% annualized gain.

Posted: 14th Dec 2017 in 'U.S. Documents'

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