September Real Income & Spending, Discretionary Spending Better; 4Q16 Likely Better than 3Q16, 4Q5; Total Home Sales Rebound in All Regions; Homeownership Potential Improving while Prices Best Estimates; Energy, Food Costs Help but Shelter, Medical Care Hurt
Discretionary Retail Sales Rebound; Higher Prices Help Gasoline; Good Holiday Vs Year Ago; Higher Consumer Inflation Ahead; The Mood Should Do Something Lost-Election; Our 2018 Outlook Much More Positive Than FOMC
Job Growth Slowing Stabilizing; Labor Force & Employment Gains Greatest for Ages 25-34; Better 2017 Job Growth Forecast; All Types of Non-Mortgage Credit On The Rise; Baby Boom Spending Still Largest Share; But Younger Consumers At The Margin