The recovery in US economic activity in the third quarter appears set to continue in Q4, based on the median for a set of estimates compiled by CapitalSpectator.com. Although the numbers point to a slowdown in growth, the current Q4 nowcast highlights the possibility that output will post back-to-back quarterly increases for the first time this year.
Daily Archives: November 16, 2022
Macro Briefing: 16 November 2022
* NATO convenes emergency meeting after missile hits Poland
* Biden says missile that hit Poland ‘unlikely’ fired from Russia
* Russia denies blame for missile that strikes Poland
* Group of 20 leading economies condemn Russia for Ukraine war
* UK inflation rises to 41-year high in October: +11.1%
* US household debt surges at fastest pace 15 years fueled by credit card use
* US wholesale inflation rose less than expected in October
* NY Fed Manufacturing Index rebounds in November but outlook weakens:
