Excessive frequency indicators (PMI, and so on.) recommend — and have advised — a slowdown in manufacturing. Nonetheless, different indicators point out sideways trending....
Right here’s a snapshot of nowcasts and forecasts as of in the present day:
Determine 1: GDP (daring black), Abstract of Financial Projections median (inverted...
As of August, incorporating newest capability utilization and manufacturing knowledge, I’m tempted to say no, even incorporating at face worth the preliminary benchmark revision...
St. Louis and NY Feds have new nowcasts.
Determine 1: GDP (daring black), Survey of Skilled Forecasters August median forecast (tan), GDPNow of 9/9 (blue...
EJ Antoni/Heritage presents this image which ought to scare the beejeebus out of us.
Supply: EJ Antoni/X.
I can think about Secretary Yellen making an attempt...