Q3 was the best quarter for GDP growth in 2 years, but consumer confidence slipped during the final days of the 2016 election.
Modest Q2 GDP Gains, Consumers Grow More Confident: What We Learned During the Week of September 26 – 30
There was another tepid estimate of Q2 GDP. Consumer spending slowed in August, but consumer sentiment jumped in September.
Smaller Q2 GDP Estimate, Perhaps Improvement in July: What We Learned During the Week of August 22 – 26
Even with a lower estimate for Q2 GDP, economic activity appears to have picked up in July.
