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.
GDP Weak, Housing, Manufacturing & Sentiment Strengthen: What We Learned During the Week of May 23 – 27
Economic growth during the 1st 3 months of 2016 was abysmal, but last week also gave us good news on manufacturing, the housing market and consumer sentiment.
