US economic growth in the second quarter is widely expected to rebound after Q1’s stall-speed rise of just 0.5% (seasonally adjusted annual rate). The question is how much a rebound will we see when the Bureau of Economic Analysis (BEA) publishes this year’s “advance” Q2 GDP report on July 29?
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Daily Archives: May 26, 2016
Initial Guidance | 26 May 2016
● Markit: US Service Sector Weakened in May; Outlier or Warning? | Barron’s
● US house prices +1.9% in Q1–19th straight quarterly rise | Builder
● US mortgage applications post another tepid gain last week | HW
● Why the global trade slowdown may matter | VoxEU
● Millennials Are Starting to Spend More | Gallup
● Foxconn replaces 60,000 humans with robots in China | MarketWatch
● Oil Tops $50: first time in 6 Months as US supply drops | Bloomberg