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Economic Analysis

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3 days ago

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

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a story from Calculated Risk › Calculated Risk

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…

27 days ago

Trade Deficit increased to $140.5 Billion in March

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a story from Calculated Risk › Calculated Risk

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…

39 days ago

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

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a story from The Guardian ⚠ › International

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…

60 days ago

Trade Deficit decreased to $122.7 Billion in February

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a story from Calculated Risk › Calculated Risk

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…

67 days ago

87 days ago

Q1 GDP Tracking: Mid-to-High 1% Range

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a story from Calculated Risk › Calculated Risk

Special Note: There was a surge in gold imports in January. There is a time lag for when the imported gold will show up in inventories. GDPNow will correct for this once the gold is included as an …

88 days ago

Trade Deficit increased to $131.4 Billion in January

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a story from Calculated Risk › Calculated Risk

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 $131.4 billion…

3 months ago

Trade Deficit increased to $98.4 Billion in December

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a story from Calculated Risk › Calculated Risk

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 $98.4 billion …

4 months ago

5 months ago

Q3 GDP Growth Revised up to 3.1% Annual Rate

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a story from Calculated Risk › Calculated Risk

From the BEA: Gross Domestic Product (Third Estimate), Corporate Profits (Revised Estimate), and GDP by Industry, Third Quarter 2024
Real gross domestic product (GDP) increased at an annual rate of 3.…

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