U.S. | 28 April 2017 The Economy Appears to have Stalled in Q1, but Q2 Will be Better
Whatever number the BEA publishes this morning for first quarter GDP growth -- we expect zero -- you probably should add about one percentage point to correct for the persistent seasonal adjustment problem which has plagued the data for many years. Reported first quarter growth has been weaker than the average for the preceding three quarters in 21 of the 31 years since 1985 -- and in eight of the past 10 years.
Sorry, but our website is best viewed on a device with a screen width greater than 320px. You can contact us at: info@pantheonmacro.com.
Whatever number the BEA publishes this morning for first quarter GDP growth -- we expect zero -- you probably should add about one percentage point to correct for the persistent seasonal adjustment problem which has plagued the data for many years. Reported first quarter growth has been weaker than the average for the preceding three quarters in 21 of the 31 years since 1985 -- and in eight of the past 10 years.
Posted: 27th Apr 2017 in 'U.S.'
You are here: Home » Publications » U.S. » 28 April 2017 The Economy Appears to have Stalled in Q1, but Q2 Will be Better
fed, weather, durable goods, goods orders, bea, gdp, gdp growth, energy, energy demand, growth, consumption, government spending, fixed investment, s&l construction, mining, capex, ism exports, capex orders, pantheon macroeconomics, pantheon, macroeconomic, macroeconomics, independent analysis, independent macroeconomic research, independent, analysis, research, economic intelligence, economy, economic, economics, economists, , Ian Shepherdson, financial market, macro research, independent macro research