The following chart shows the 12 month moving average of merchant wholesalers' drugs and druggists' sundries sales divided by disposable personal income.
Click to enlarge.
Source Data:
St. Louis Fed: Custom Chart
Q4 GDP Tracking: Mid 2% Range
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From Goldman:
We left our *Q4 GDP tracking estimate unchanged at +2.4%
(quarter-over-quarter annualized)* but boosted our Q4 domestic final sales
forecas...
4 hours ago
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