U.S. GDP and trade deficit
While Awaiting Several U.S. Data Releases, Investors Hear Range of Fed Official Comments
September 25, 2025
Thursday’s menu of U.S. data reports includes revised GDP and PCE price deflator, existing home sales, durable goods orders, an early bird estimate of the U.S. merchandise trade deficit, the Kansas City Fed manufacturing survey, and weekly jobless insurance claims. The wide range of views depicted in the FOMC dot-plot diagram of favored interest rates […] More
U.S. First Quarter GDP Growth Revised Lower
May 30, 2024
U.S. growth decelerated slightly more sharply last quarter to 1.3% at a seasonally adjusted annualized pace (SAAR). The earlier estimate had been 1.6% versus 3.4% in the prior quarter 4.9% last summer and 2.5% in calendar 2023. A 2.0% advance in personal consumption, revised down from 2.5% estimated earlier, was the predominant dynamic behind the […] More