The Numbers
Q2 US GDP Beats, But Growth Momentum Fades
Q2 US GDP beat expectations at 3.0% annualized, but the underlying data confirm that growth momentum is fading, reinforcing our defensive stance. Consumption rebounded, but disappointed at 1.4%. The quarter was heavily distorted by trade dynamics: firms front…
Interested in reading the full Daily Insight?
Read the full insight with instant access.
BCA Research | Daily Insights
Stay on top of market events and BCA's latest ideas, with high value, timely insights delivered to your inbox daily.
Stay Connected with BCA
Get our latest events and research insights delivered to your inbox.