Expectations continue to slide for next week’s release of GDP data for the second quarter (scheduled for July 28). The median estimate is still positive, just barely, but has fallen recently, based a set of nowcasts compiled by CapitaSpectator.com.
Daily Archives: July 20, 2022
Macro Briefing: 20 July 2022
* Brutal heatwave continues to bake Europe
* Extreme heat damages estimated at 0.3% to 0.5% of Europe’s GDP
* Global warming raises risk of extreme heat events
* EU will outline plan to curb Russian gas use as Putin issues new warning
* 100 million Americans issued heat advisory warnings
* UK inflation reaches new 40-year high: +9.4% at annual pace
* US housing starts in June fell to lowest level in nine months:
