Elad Pashtan


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Core retail sales were softer than we had anticipated, and imply a bit less consumer spending on goods. The industrial production report showed slightly higher vehicle assembly than we had anticipated, and the business inventories report showed slightly higher levels of retail inventories.feedback
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Sep 15 2016
In addition, lower sales of building materials, furniture and appliances brought our tracking estimate for residential investment down too. The (industrial production) report for August left our GDP tracking estimate unchanged after rounding as softer inventories were offset by stronger structures investment.” said Elad Pashtan on this article: Street economists cut Q3 GDP estimates after retail sales miss. This page contains 2 articles quoting Elad Pashtan. Main topics on which Elad Pashtan is quoted are August and FOMC. In addition you’ll find 4 quotes there. All these quotes are mentioned on this page and you can filter them by date and by topics.
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