There was another tepid estimate of Q2 GDP. Consumer spending slowed in August, but consumer sentiment jumped in September.
Modest Q2 GDP Gains, Consumers Grow More Confident: What We Learned During the Week of September 26 – 30
The Fed Stays Put Again (But Some Were Ready to Make a Move): What We Learned During the Week of September 19 – 23
Despite the dissent of 3 of its voting members, the FOMC keeps its interest rate target steady once again. Meanwhile, tight inventories clip home sales during August.
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.
