Economic activity for the US appears headed for a second quarterly slowdown in the final three months of this year. The projection is based on a set of nowcasts compiled by The Capital Spectator. The current median estimate: a 2.7% increase in real growth (seasonally adjusted annual rate), which is slightly below the previous outlook published in early November.
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Daily Archives: November 27, 2018
Macro Briefing: 27 November 2018
Will Russia-Ukraine fight over sea passage trigger wider war? NY Times
US-China trade deal prospects dim after Trump’s comments: CNN
Early signs suggest China’s economy slowed for 6th month in Nov: Bloomberg
Trump dismisses climate-based econ warning in his administration’s report: BBC
Trump: UK-EU Brexit agreement could threaten US-UK trade deal: CNBC
House GOP rolls out huge tax bill for lame-duck Congress: Politico
GM announces hefty worker cuts and plant closures: CNN
Strong job market lifts Chicago Fed Nat’l Activity Index in Nov: MW