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9 days ago

California’s economy surpasses Japan’s as it becomes fourth largest in world

State’s nominal GDP reaches $4.1tn, edging out Japan’s $4.02tn, ranking it behind the US, China and Germany

California’s economy has surpassed Japan’s, making the Golden state the fourth largest econo…

38 days ago

US supreme court upholds Biden regulation on untraceable ‘ghost guns’

In a 7-2 ruling, the conservative-majority court ruled to crack down on firearm products increasingly used in crimes

The US supreme court upheld on Wednesday a federal…

43 days ago

Q1 GDP Tracking: Wide Range

NOTE: An update to the gold adjusted GDPNow will be released on March 26th. Based on the previous adjustment, it appears GDPNow (adjusted) is slightly positive for Q1. (For more on the gold adjustme…

57 days ago

Q1 GDP Tracking: Mid-to-High 1% Range

Special Note: There was a surge in gold imports in January. There is a time lag for when the imported gold will show up in inventories. GDPNow will correct for this once the gold is included as an …

63 days ago

Q1 GDP Tracking: Wide Range, GDPNow Goes Negative

From BofA:
The second print of 4Q GDP came in at 2.3% q/q saar, unchanged from the advance print and a tenth higher than our tracking estimate. Meanwhile, our 1Q GDP tracking is unchanged at 2.3% q/q…

77 days ago

Q1 GDP Tracking: Low 2% Range

From BofA:
Next week, we will initiate our 1Q GDP tracker ... [Feb 14th]
<span style="font-size: x-small;">emphasis added</span>
From Goldman:
Following this morning’s retail sales and industrial produ…

4 months ago

Q4 GDP Tracking: 2.1% to 3.3% Range

From BofA:
Since our last weekly publication, our 3Q GDP tracking estimate has moved up a tenth to 2.9% q/q saar from the second official print of 2.8% q/q saar. Additionally, we initiated our 4Q US …

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