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Economic Analysis

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10 days ago

Q2 GDP Tracking: Moving on Down

Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios.

There will be additional trade related distortions in Q2 boosting GDP.

From Goldman:
Following this morning’s da…

Trade Deficit increased to $71.5 Billion in May

The Census Bureau and the Bureau of Economic Analysis reported:
The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the goods and services deficit was $71.5 billion …

16 days ago

Q2 GDP Tracking: Moving Down, Still Wide Range

There will be additional trade related distortions in Q2 boosting GDP.

From BofA:
Since our last weekly publication, our 2Q GDP tracking is down one-tenth to +2.5% q/q saar. [June 27th estimate]
emph…

37 days ago

38 days ago

Trade Deficit decreased to $61.6 Billion in April

The Census Bureau and the Bureau of Economic Analysis reported:
The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the goods and services deficit was $61.6 billion …

44 days ago

Q2 GDP Tracking: Wide Range due to Trade "Distortions"

From BofA:
Since our last weekly publication, our 2Q GDP tracking is down two-tenths to +1.8% q/q saar. [May 30th estimate]
emphasis added
From Goldman:
The goods trade deficit narrowed by more than e…

68 days ago

Trade Deficit increased to $140.5 Billion in March

The Census Bureau and the Bureau of Economic Analysis reported:
The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the goods and services deficit was $140.5 billion…

80 days ago

California’s economy surpasses Japan’s as it becomes fourth largest in world

State’s nominal GDP reaches $4.1tn, edging out Japan’s $4.02tn, ranking it behind the US, China and Germany

California’s economy has surpassed Japan’s, making the Golden state the fourth largest econo…

3 months ago

Trade Deficit decreased to $122.7 Billion in February

The Census Bureau and the Bureau of Economic Analysis reported:
The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the goods and services deficit was $122.7 billion…

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