No Recession, Yet

We are not “recession deniers,” we just don’t think one has started yet.  The distortions of economic activity from lockdowns, […]

GDP Q2

Real GDP growth in Q2 remained at a -0.6% annual rate, matching consensus expectations. An upward revision in personal consumption […]

Durable Goods August 2022

New orders for durable goods declined 0.2% in August, narrowly beating the consensus expected -0.3%.  Orders excluding transportation increased 0.2% […]