Q3 was the best quarter for GDP growth in 2 years, but consumer confidence slipped during the final days of the 2016 election.
Modest Q2 GDP Gains, Consumers Grow More Confident: What We Learned During the Week of September 26 – 30
There was another tepid estimate of Q2 GDP. Consumer spending slowed in August, but consumer sentiment jumped in September.
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.
