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FAX ARCHIVE   June 2015
Date  Subject Descriptive Information
June 25 BEST OF MOMENTUM Consumer Spending Highlights
June 25 BEST OF MOMENTUM Consumer Spending Highlights
June 24 BETTER FOR NOW FOMC Growth Expectations continue Pattern of High Initial Followed by Diminished;  Housing Buy in Advance Slowing?; Easing Home Prices Meet With Positive Response; Medical Care Cost An Increasing Necessity Expenditure; Birth Rate Rise for Older Women; Import Plunge from China Possibly Reflects Diversion of Goods to Canada. Less Trade= GDP + but Less Inventory a -.
June 15 LOOKING A LITTLE MORE NORMAL, EXCEPT... Retail Sales Trending Dramatically Upward; Discretionary Spending Rebounding;  Job Fears Decline as Withheld Indidvidual Income Taxes Rise; Wealth Gains Favorable; But Where Is Revolving Credit
June 15 LOOKING A LITTLE MORE NORMAL, EXCEPT... Retail Sales Trending Dramatically Upward; Discretionary Spending Rebounding;  Job Fears Decline as Withheld Indidvidual Income Taxes Rise; Wealth Gains Favorable; But Where Is Revolving Credit
June 8 JOBS, MONEY & CREDIT Strong Job & Earnings Gains For Everyone; Bankcard Credit Originations Mostly to Prime+ Borrowers, But Auto Credit; Less Mortgage Debt Depresses Originations, Debt Payments Have Stabilized; Revolving Credit behind 2Q Net Extensions
June 2 AN UNINTENDED SLOWING

Initial wage estimates way wide of the mark; Spending’s volatile early 2015 ride; Energy prices hurt dollar necessity spending; Philly Fed’s “Latent True GDP;” Making Up the Energy Price Decline;  Food vs. Travel Perfect Example of Spending Choices



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