Jed Kolko (@jedkolko) 's Twitter Profile
Jed Kolko

@jedkolko

Former Under Secretary Economic Affairs @commercegov. Previously chief economist @indeed and @trulia. Email at jedkolko.com/contact

ID: 373425072

calendar_today14-09-2011 15:16:24

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New consumer spending data: huge jump in March (+0.7%), while January was weakest in 5 months (-0.4%). Intra-Q pattern of Q1 spending means Q1 ended on stronger consumer spending than visible in GDP Q1 report. March jump driven by pre-tariff spending on durable goods.