Ok, the first estimate of Q2 economic growth was not “decent” after all. Actually, the word “disappointing” is more appropriate.
Slightly Better Q1 GDP, Spending & Manufacturing Grow: What We Learned During the Week of June 27 – July 1
We get another small upward revision in Q1 GDP, we see that consumer spending grew in May, and we hear that June may have been a decent month for manufacturing.
Business Activity Was Rocky This Spring: What We Learned During the Week of June 20 – 24
As the world considers the economic and political implications of the Brexit vote, we learned last week that U.S. economic activity lagged during the spring.
