3rd Quarter GDPNow Estimate a Weak 0.7% Despite Retail Sales Jump

3rd Quarter GDPNow Estimate a Weak 0.7% Despite Retail Sales Jump

August 13, 2015 0 By News Desk
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1st Quarter: +0.6% 2nd Quarter: +2.3% The retail sales revisions may add another 0.2% or so to second quarter, assuming there are no other changes. That’s a huge assumption given the history of revisions in nearly every economic number

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3rd Quarter GDPNow Estimate a Weak 0.7% Despite Retail Sales Jump