On October 27th, the Bureau of Economic Analysis (BEA) released its advance estimate for the 2017 Q3 real GDP[1] and it came in at 3.0% following a revised 3.1% for the second quarter. If the 4th quarter remains at the 3% real annualized growth rate, the projected...
The second estimate of the 2017 Q2 real GDP was revised up from 2.6% to 3.0% last month that brought the first half of the year from 1.9% to 2.1% annualized rate. Market participants and observers are wondering if this is the beginning of the U.S. economy breaking...
On August 30, 2017, the Bureau of Economic Analysis released the Second Estimate for the U.S. second quarter real GDP[1]. Compared to the Advance Estimate of 2.6%, it is revised up to 3.0%. For the first half of 2017, the revision pushed up the annual projected...
As the U.S. unemployment (U3) rate slowly approaches 4% (not seen since December 2000 at 3.9% or November 1968 at 3.4%) and with the addition of another 209,000 jobs in July 2017, central bankers and economists are wondering when we will see a rise in inflation (June...
On July 28, 2017, the Bureau of Economic Analysis released the Advance Estimate for the U.S. second quarter GDP[1]. Compared to the first quarter of (revised) 1.2% real GDP rate, the 2.6% is a welcomed bounce. For the first half of 2017, we are growing at an annual...