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Revised GDP: In-line, Modestly Healthier
As expected, revised first-quarter GDP data show minimal restatements, with the overall growth figure cut to 2.4% from 2.5% (Consensus and Decision Economics: +2.5%), but with the composition “healthier,” in showing final sales stronger (+1.8%, instead of +1.5%) and inventory accumulation a bit less heavy (Contributing 0.6 point to overall growth, instead of 1.0 point).
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Research Studies
DE | Sinai Economic and Market Perspectives | Seeds of A Sovereign Debt Crisis Planted – 02/03/21
Seeds of A Sovereign Debt Crisis Planted Allen Sinai* The U.S. and Global economies have undergone a fiscal/debt revolution of huge import from which there will be no turning away! The main catalysts are the read more
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