Daily Archives: Jun 5, 2018 at 07:04 am EDT

US GDP Growth For Q2 Is Still On Track To Rebound

Recent estimates for US economic output in the second quarter continue to anticipate a robust acceleration after the subdued rise in Q1, based on the median of several forecasts compiled by The Capital Spectator. The current projections see real GDP growth in Q2 picking up to 3.7% (seasonally adjusted annual rate) from Q1’s 2.2%. The Bureau of Economic Analysis is scheduled to publish its initial GDP report for the second-quarter on July 27.
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Macro Briefing: 5 June 2018

Iran set to resume enriching uranium if nuclear deal fails: BBC
S. Korea downplays odds for peace treaty at upcoming US-N. Korea summit: WSJ
Twitter stock pops on news it will be added to S&P 500: CNBC
Will Trump’s trade war derail the global economy? Bloomberg
PMI: Eurozone economic growth rate dips to 1-1/2 year low in May: IHS Markit
US factory orders in April slide on weak demand for aircraft: Reuters
NABE economists: Trump’s tax cuts could trigger US recession: Money Magazine
Wall St economists expect strong pickup in US Q2 GDP growth: CNBC
10yr/2yr Treasury yield spread close to setting new low: