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Bloomberg Surveillance

Zandi: We'll get another good year in overall consumer spending

Bloomberg Surveillance

Bloomberg

News, Business, Business News, Investing

3.81.2K Ratings

🗓️ 13 April 2016

⏱️ 24 minutes

🧾️ Download transcript

Summary

Zandi: We’ll get another good year in overall consumer spending

Transcript

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1:11.0

Vinny D.L-Dudai said the first word desk has a plethora of the plethora.

1:15.0

A plethora.

1:17.0

Retail sales, the producer price index, both down the headline on the retail sales report for

1:21.8

March minus 0.3 percent down 0.3% going into the report

1:26.3

economists at expected a 0.1% gain so a negative number. Underlying figures

1:31.8

with the retail sales ex autos and gas a control group all up a bit.

1:37.0

The producer price index a gauge of wholesale prices down 0.1% in March, excluding food and energy, also down 0.1% in March, excluding food and energy, also down.

1:44.7

1 year, we're looking at down.

1:47.7

1 as well on the PPI.

1:49.8

At the Bloomberg, first word desk, I'm Vinny.

...

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