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...
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.