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25th Sep 2024 11:12USDaily Monitor

  • The estimated increase in real GDP since Q4 2019 has been revised up to 10.7%, from 9.4%.
  • August PCE data will point to continued strength in consumers’ spending, but slower growth likely looms.
  • We look for a 0.14% August core PCE print, slightly below the consensus.

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Keywords for: 27 September 2024 US Monitor

independent macro research, Pantheon Macro, Pantheon Macroeconomics, independent research, ian shepherdson, economic intelligence