Prospects for consumer spending have shifted in the lead-up to the holiday shopping season.

This report includes:

- Analysis of the consumer spending outlook, including an update to the U.S. Leading Index of Consumer Spending

- Review of recent developments in our employment indexes

- Analysis of the Fed's recent "not-QE" announcement alongside the U.S. Future Inflation Gauge

- Update to our full array of U.S. leading indexes

Review our recent real-time track record.

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