Still, some bumpy times could be coming sooner than later, according to a closely watched predictor of real GDP growth. Last ...
The Atlanta Fed's GDPNow model had earlier this week projected nearly -3% GDP growth for the first quarter of 2025 (-2.8%).
Eli Cook's The Pricing of Progress and Lorenzo Fioramonti's The World After GDP released last year, and most recently The Growth Delusion by David Pilling (published a few weeks ago) have all made ...
The latest revision for U.S. Q2 GDP came in at 1.6%, which was higher than the 1.3% reading expected by consensus, but well below the 2.4% value previously reported by the government. Thing is ...
Wages and salaries rose only 0.4% though, with the strength coming from a 1.8% increase in government social benefits, a 1.7% increase in dividends and a 39% increase in farm incomes.