Stronger headwinds may be brewing for the US economic outlook, but next month’s third-quarter GDP report looks set to post a moderately firmer growth rate, based on the median estimate via several sources compiled by CapitalSpectator.com.
Daily Archives: September 7, 2023
Macro Briefing: 7 September 2023
* Tropical Storm Lee in Atlantic strengthens into a hurricane
* White House cancels remaining oil and gas leases in Alaska’s Arctic Refuge
* US inflation, wage growth expected to slow later this year: Fed Beige Book
* China exports fall again in August amid slump in trade activity
* US Service PMI in August shows weakest growth in 7 months, but…
* ISM Services Index reports faster growth–strongest reading in 6 months: