Even with a lower estimate for Q2 GDP, economic activity appears to have picked up in July.
Smaller Q2 GDP Estimate, Perhaps Improvement in July: What We Learned During the Week of August 22 – 26
Q2 GDP Growth Was Well Below Forecasts: What We Learned During the Week of July 25 – 29
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.
What We Learned About the U.S. Economy Last Week 