Calculated Risk: Early Q3 GDP Forecasts: Around 6% to 7% with "Significant downside risk"
From BofA: We look for growth of 7.0% qoq SAAR in 3Q ... We forecast retail sales fell by 2.3% mom in July, reflecting cooling service dema...
Calculated Risk: Q1 GDP Growth Unchanged at 6.4% Annual Rate
From the BEA: Gross Domestic Product (Third Estimate), GDP by Industry, and Corporate Profits (Revised), 1st Quarter 2021 Real gross domes...
Visualizing the 200-Year History of U.S. Interest Rates
How long could U.S. interest rates hover near zero? This 200-year chart puts rates into context, as the Federal Reserve projects no change until 2023.
The Inflation Red Herring by Joseph E. Stiglitz - Project Syndicate
Far from signaling the return of significant inflation, temporary price increases are exactly what one would expect in a recovery following an economic shutdown. Whether those peddling inflation fears are pursuing their own agenda or simply jumping the gun, they should not be heeded.
Gross Domestic Product, 1st Quarter 2021 (Second Estimate); Corporate Profits, 1st Quarter 2021 (Preliminary Estimate) | U.S. Bureau of Economic Analysis (BEA)
Real gross domestic product (GDP) increased at an annual rate of 6.4 percent in the first quarter of 2021 (table 1), according to the "second" estimate released by the Bureau of Economic Analysis. In the fourth quarter of 2020, real GDP increased 4.3 percent.
A K-Shaped Recovery, This Time on a Global Scale
Emerging markets are at risk of falling far behind their advanced counterparts. That’s the whole world’s problem, officials warned.
China’s Economy Is Booming. Shoppers Are Skittish Anyway.
The world’s traditional growth engine reported an 18.3 percent leap in the first quarter. But consumers and small businesses aren’t fully sharing in the spoils.
Women lost $800 billion in income last year. That's more than the combined GDP of 98 countries
The fallout from the Covid-19 pandemic has been disastrous for women.