EFTA00356975.pdf

From: "Standard & Poor's Ratings Services" <info@ratingsinfo.standardandpoors.com> To: Subject: From Beth Ann Bovino: S&P's U.S. Weekly Economic Roundup: Holiday Up-Tempo Date: Fri, 12 Dec 2014 22:59:19 +0000 Click here to view on a mobile device or as a webpage. REconomic Research U.S. Weekly Economic Roundup: Holiday Up-Tempo December 12, 2014 Beth Ann Bovino U.S. Chief Economist Standard & Poor's Ratings Services Dear colleague, Holiday shopping is in full swing. Consumer sentiment surged to 93.8 in November--the ongest reading since early 2007. Consumers are happier today than yesterday, and heir confidence in the outlook for income and jobs is also rising. This, combined with id retail sales growth for November, points to a strong consumer spending growth for he turn of the year. We expect real consumer spending growth in 2015 to pick up a notch m 2014 due to lower gasoline prices and stronger real disposable income growth. access this week's full report and view additional economic research, please visit .SPRatings.com/EconomicInsights. If you have any questions, please contact me or my colleague Satyam Panday, U.S. Economist, at 212-438-6099. Sincerely, Beth Ann Bovino U.S. Chief Economist Standard & Poor's Ratings Services 212-438-1652 Visit SPRatings.com, a free, interactive, and informative portal to access highlights from our credit research offerings. Consider this your portal to perspective: www.spratings.com. Regulatory Affairs and Disclaimers I Privacy and Cookie Notice I Terms of Use Copyright 02014 by Standard 8 Poor's Financial Services LLC. 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