You time frame Aug? What about consumer spending "growing"(GDP)?
PartTimeGenius
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@Icemangold, You're right, but I wouldn't focus too much on the GDP numbers when initially pushed out. The GDP numbers are played with and are consistently being revised down. For instance "(fourth quarter 2018) The pace of economic growth was revised to a 1.1% annual rate, or half the 2.2% pace estimated before and the weakest quarterly rate in three years." (You can read it on WSJ "Economic Growth Didn’t Hit 3% Mark Last Year, Revised Data Show"). Consumer spending has already begun taking a hit, home sales are falling despite the low interest rates.