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FAX ARCHIVE   July 2016
Date  Subject Descriptive Information
July 26 HANDOUT & Forecast Table Updated Handout with Forecast Table
July 19 BORROW & BUY? Strong End to 2Q Retail Sales; Discretionary Retailer Sales Up M/M & Y/Y; Housing Adrift; Consumer Moods Brightening; Small U-Tick Credit Rejections  But not Worrisome; Those Who Spend are Eyeing XCredit
July 12 THE SLOWING - JUST BEGINNING OR ALMOST OVER?? Employment Indicators Rally; Income Expectations Rise; An Old, But Not the Oldest, Recovery; Sentiment Gains; Net Consumer Credit Extensions Rise Modestly
July 5 HIDE FROM THE NEWS Yet Another Spring Rebound, Partially Due to Higher Energy Spending; Wage Growth Lately Underestimated.  Ample Funds for Consumption;  Consumer Vehicle Spending More Stable Than Total. Our 2016 & 2017 Estimates; Housing Rebound Lags Autos; Moody's Polishes Its Backward View
July 5 HIDE FORM THE NEWS Yet Another Spring Rebound, Partially Due to Higher Energy Spending; Wage Growth Lately Underestimated.  Ample Funds for Consumption;  Consumer Vehicle Spending More Stable Than Total. Our 2016 & 2017 Estimates; Housing Rebound Lags Autos; Moody's Polishes Its Backward View


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