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BEA Revises Spending Lower, Income Higher, With GDP Unchanged for 2023 Q2

Economists expected upward revisions to the third estimate of GDP for the second quarter. However, GDP remained unchanged at 2.1 percent, with major revisions…

Real final salesReaking news

Beware The Huge Negative Lag Impact Of Three Rounds Of COVID Stimulus

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

Andreas berghBloomberg econodayKenneth rogoffReinhardts carmenPer capital averageLacy huntHoisington managementInflation reduction actScience actPenn wharton budget modelMagnus henreksonEconomic surveysPresident nixonGold windowEconomic perspectivesIndustrial production

Q4 GDP Stronger Than Expected Due To Surge In Inventories, Offsetting Drop In Personal Consumption; Sets Up Negative Q1 Print

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

United statesNick timiraos nicktimiraosLindsay piegzaNick timiraosReal final salesPrivate domestic purchasersFed mouthpiece nick timiraosKatherine judge

How Rate Hikes are Affecting the Economy

Through Wages, Investment, Employment, Output, and More

United statesJerome powellMatt kleinBureau of economic analysiBureau of labor statisticFederal reserveCurrent population surveyEmployment cost indexGross labor incomeEconomic analysiLabor statisticFinal salesPrivate domestic purchasersReal final sales

A Huge Surge in Government Spending Drives Up GDPNow Forecast

Chart Notes The blue line is the base forecast. It is about all the public sees or hears about when the BEA releases its GDP report. The red line is Real Final

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