US US economic growth bounced back in the second quarter, up 2.6 % after a downwardly revised 1.2 % growth in Q1. US residential fixed investment fell 6.8 % in Q2 following its impressive 11.1 % increase in the first quarter. Mild weather was a boost to construction in the winter months, which was partially [...]
US The ISM manufacturing index kicked off the fireworks a day early on Monday, climbing to 57.8 in June. This was the best print for the index since August 2014 when oil was still nearly $100 a barrel. The details of the report were broadly encouraging for both current and future activity. The production subcomponent [...]
US The US economy expanded 1.4% in the first quarter of the year, which was a larger-than-expected upgrade in the final look at GDP this week. The improvement was largely on the personal consumption line, which actually rose 1.1% in Q1, much stronger than the 0.3% first estimated. Still somewhat soft relative to recent performance, [...]
