Data Round-Up: Look for at Least +4% Real GDP in 18Q2; Solid Outlook for 18H2

posted by Michael Lewis on July 26, 2018

Found in US, categorized in Growth Outlook and Business Cycle

Tags: durable goods order

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A mixed bag of data on the eve of the Advance 18Q2 GDP report. Real equipment spending likely grew only a modest +1% annualized in 18Q2, but the core orders trend and growing backlogs point to a resumption of healthy growth in the sector in 2018-H2.


FMI’s analyses of today’s June Durable Goods Orders and June Advance Indicators (Goods-trade, wholesale & retail inventories) reports, as well as a review of the latest Weekly UI Claims & Rail Traffic data.

About Michael Lewis

Michael Lewis

Mike Lewis founded Free Market Inc. (FMI) in 1982 as a full-service economic consulting firm, providing insights and in-depth data analysis primarily for institutional money managers and corporate planning directors.

FMI has compiled a solid record of timely, independent and accurate economic forecasts.  FMI blends its unique analysis of indicators and experience with economic cycles into a consistent overall outlook. They offer both a comprehensive overview and in-depth detail that enable clients to integrate FMI’s insights into their decision-making process.

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