MACRO DEVELOPMENTS U.S. Economic Resilience Amidst Mixed Signals: Q2 GDP Expansion Despite Political Turbulence Real-time estimates of 2Q GDP continued to point to a further quarter of economic expansion,despite the fact that U.S. data was typically poorer in April....
MACRO DEVELOPMENTS US: Mixed Economic Signals, GDP Growth Slows, Inflation Surges, and Fed Adopts a Hawkish ToneDespite a very strong end to 2023 (which marked seven consecutive quarters ofincrease), the US GDP expanded by 0.4% in the first quarter, which was...
Macro Developments US Recovery: Modest Improvements Amidst Economic Indicators and Political Developments After a dismal January, February saw a modest improvement in both retail sales and industrialproduction. For the first time since 2022, the ISM manufacturing...
Macro Developments US Mixed Economic Signals: Softening Data Amidst Healthy GDP Estimates Retail sales and industrial production fell in January, prompting a softening of US statistics.The original 1Q GDP estimates continued to progress at a robust rate. Timelier...
Macro Developments United States: Resilience, robust consumption, and steady unemploymentIn the last quarter of 2023, the US economy surprised by growing by 3.3% (annualized). Overthe course of the year, growth was 2.5%, and consumption remained robust. In...
