Daily Archives: Mar 6, 2019 at 07:16 am EST

Early Estimates Point To Ongoing Slowdown For US Q1 GDP Growth

Preliminary nowcasts for US economic growth in the first quarter suggest that the slowdown in 2018’s second half will continue, based on a set of estimates compiled by The Capital Spectator. The degree of the deceleration remains open for debate, of course, in part because it’s still early in the current quarter. In addition, survey data for February reflect a pickup in growth in the services sector, which may be an early clue that the macro trend is firming up.
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Macro Briefing: 6 March 2019

N. Korea is reportedly rebuilding key missile-test facilities: NY Times
Record number of migrant families arrested at US-Mexico border: WSJ
Trump is pushing negotiators for trade deal with China: Bloomberg
Global economic growth edged up in February: IHS Markit
OECD trims 2019 global economic growth forecast… again: Reuters
New home sales in US rebounded to 7-month high in December: CNBC
US ISM Non-Mfg Index posted strong growth in Feb: Logistics Mgt
US Services PMI: growth picked up to 7-month high in Feb: IHS Markit