GDP Review: Context for 2nd Quarter 2016 GDP
Last Friday, the Bureau of Economic Analysis (BEA) reported real gross domestic product (GDP) growth of 1.2% in the second quarter of 2016, for a 1.0% average real GDP growth rate for 2016 thus far.
Weekly Economic Update: July 18 – July 22, 2016
A weekly roundup of headlines from the previous week and a look at the week ahead.
Weekly Economic Update June 20 – 24, 2016
A roundup of the previous week's economic headlines and a look ahead at the coming week.
June 2016 Federal Open Market Committee Announcement Review
At the end of last year, the Federal Reserve’s Federal Open Market Committee (FOMC) sent a clear, unanimous message about our economy’s ability to handle interest rate “normalization” by raising rates 0.25%. At that time, members’ projections indicated two to four more increases would follow in 2016...
Weekly Economic Update: June 13 – 17, 2016
A summary of the previous week's headlines and a preview of the coming week.
Weekly Economic Update: May 23 – 27, 2016
A look at the upcoming week and highlights from the previous week.
Weekly Economic Update: May 16 – 20, 2016
A weekly roundup of the previous week's headlines and economic news and a preview of the week ahead.
Weekly Economic Update: May 9 – 13, 2016
A roundup of the previous week's headlines and a look at this week's news.
Weekly Economic Update: May 2-6, 2016
A roundup of the previous week's news and highlights of the upcoming week.
GDP Review: Context for First Quarter 2016 GDP
In March, the Federal Open Market Committee (FOMC) updated its median forecast for 2016 real GDP growth, lowering it from December’s projection of 2.4% to 2.2%, and lowered its 2017 estimate from 2.2% to 2.1%.