Bank of the West US Outlook Report: Two Steps Forward, One Step Back
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Continue ReadingUS Outlook Report: Global Economy Holds In There The economic indicators out of the Eurozone and emerging markets have come in somewhat better than expected over the past few weeks. Generally, global economic surprise indexes have turned more positive, excluding data out of the United Kingdom. Eurozone Q2 GDP increased 0.3%, in-line with economist expectations, […]
Continue ReadingWeak Growth in 1H 2016- What’s Next? The advance estimate of Q2 GDP revealed a modest improvement in U.S. economic growth to a 1.2 annualized rate up from a revised sluggish 0.8 percent growth pace in the first quarter. Real GDP growth averaged just 1.0 in the first half of 2016. The initial estimate of […]
Continue ReadingUS Outlook Report: GDP with a 5.0 Handle- What Does it Mean? The U.S. economy confidently shifted to a higher gear of expansion in the third quarter of 2014, growing at an impressive 5.0 percent annualized rate, according to the “third” estimate of real GDP, reported by the Bureau of Economic Analysis. This was the […]
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