Daily Archives: July 27, 2026

Resilient Q2 GDP Nowcast Masks For the Rest of the Year

The Iran conflict continues to unsettle the outlook for the US economy, but the effects of the Middle East crisis may be hard to spot in this week’s second‑quarter GDP report. The government’s initial estimate is expected to roughly match Q1’s moderate 2.1% real annualized gain, based on the median of nowcasts compiled by The Capital Spectator, with the Bureau of Economic Analysis set to publish the official data on July 30.

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