US economic activity is still expected to post a rebound in the upcoming third-quarter GDP report, but the projected bounced has faded to a crawl, based on the median estimate for a set of nowcasts compiled by CapitalSpectator.com.
Daily Archives: September 30, 2022
Macro Briefing: 30 September 2022
* Russia set to formally annex parts of Ukraine
* Hurricane Ian heads to Carolinas after hammering Florida
* Eurozone inflation soars to record high of 10% in September
* US GDP 0.6% decline is confirmed in revised data
* US gross domestic income (GDI) revised down for Q2
* China manufacturing activity fell for a second month in September
* China services sector slows in September, highlighting struggling economy
* US jobless claims fall to 5-week low, suggesting labor market strength:
