Best viewed on a device with a bigger screen...
The falling trade deficit, and bigger-than-expected inventory gains, should boost Q3 GDP forecasts.
The feared surge in layoffs this spring didn’t happen; the trend now seems to be falling.
Q2 GDP revisions today will be small, but eventually we expect the reported dip to be revised above zero.
This publication is only available to U.S. (Monitor) subscribers
Pantheon Macroeconomics produce daily publications for U.S., Eurozone, Latin America, UK and Asia, as well as analysis on key data within a few minutes of their release.
Pantheon Macro, Pantheon Macroeconomics, independent macro research, independent research, ian shepherdson, economic intelligence