Macro Snippets
Behind the Headline – Above Trend 2019Q1 GDP (advance)
The advance estimate for first quarter real GDP came in at 3.2% and surprised on the upside.
Behind the Headline: Q1 GDP Lower & March Inflation Higher
On April 27th, the Bureau of Economic Analysis (BEA) released its “advance estimate” for the 2018 Q1 real GDP at 2.3%.
Behind the Headline – October CPI
On November 15, 2017, the BEA released its Consumer Price Index showing that the CPI-U rose 0.1% in October.
Behind the Headline – US GDP Surprising at 3 percent
The 2017 Q3 came in at 3% and surprised everyone. What are the contributing factors telling us?
Behind the Headline: Is US GDP Stuck in the Low Gear?
09/11/2017 - The average annual real GDP over the 5 decades since 1950 in the U.S. has been 3.6%. The average GDP in the first decade in the 21st Century was 1.7%. Based on our analysis, we believe the U.S. GDP on average is likely to remain below historical trend.
Behind the Headline – US GDP 2017 Q2 2nd Estimate
On August 30, 2017, the Bureau of Economic Analysis released the Second Estimate for the U.S. second quarter real GDP . In this article, we attempt to understand if the 3% revision is an anomaly.
Behind the Headline – Phillips Curve
The Phillips Curve is a hypothesis and should not be treated as a rule. Here we look at the euro area and the U.S. employment and inflation data to show that there employment or low unemployment is now insufficient to drive inflation.
Behind the Headline: 2017 Q2 GDP
Understanding GDP components offers a more complete story of the underlying drivers to our economy.
State of the Unemployed Union
Recently, we took a look at the BLS June report for employment and unemployment statistics on the state level and the Employment Situation Summary found some interesting observations.