Thursday, July 23, 2015

United States economy: moderate growth in the coming months

The american economy should grow at a moderate pace until the end of this year, according to the recent evolution of the Conference Board Leading Economic Index for that country.

US real GDP grew at approximatively 2.5% (annual rate) during the second quarter and stagnated in the first (-0.2% annual rate).

Link to the Conference Board Internet page:
https://www.conference-board.org/data/bcicountry.cfm?cid=1

July 30 update:

US real GDP growth for the second quarter is estimated at 2.3% (annual rate) according to data released today by the Bureau of Economic Analysis. The first quarter was revised to 0.6% growth.

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