Daily Archives: Feb 26, 2019 at 07:31 am EDT

US Economic Growth Set To Slow Again In Q4 Report

This week’s delayed fourth-quarter report on US gross domestic product (GDP) remains on track to confirm that US economic growth continued to slow. The Bureau of Economic Analysis is expected to report (on Thursday, Feb. 28) that the expansion moderated for a second straight quarter, based on a set of nowcasts. The release will also reveal that recession risk remained low for the US at the close of 2018, although preliminary data for 2019 suggests that growth will continue to decelerate.
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Macro Briefing: 26 February 2019

India launches air strike in Pakistan-controlled Kashmir: Fox
Congress inching closer to rebuking Trump’s emergency declaration: Politico
VP Pence announces new sanction’s on Venezuela’s Maduro regime: CBS
UK Prime Minister May set to rule out no-Brexit deal: Reuters
N. Korea’s Kim arrives in Vietnam for meeting with Trump: Reuters
Texas mfg activity slows in Feb but outlook remains positive: Dallas Fed
US wholesale inventories rose a strong 1.1% in December: MW
Chicago Fed Nat’l Activity Index: US economic growth slowed in Jan: Chicago Fed