Daily Archives: Aug 11, 2017 at 07:49 am EDT

Rising North Korea Tensions Threaten US Q3 GDP Outlook

The escalating threats of military action between President Trump and North Korea have put the world on edge, but a new survey of economists projects steady GDP growth for the third quarter. The initial Q3 report is more than two months away and so any estimates at this point are little more than guesses – all the more so in the wake of rising geopolitical risk. For the moment, however, the preliminary projections for economic activity assume that the pickup in growth in Q2 will hold steady if not improve in Q3.
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