US Q2 GDP Archives - GrowthRater

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US GDP growth too strong in Q2?

Having bumped up the reported Q1 GDP growth numbers, the US administration now seems content to push a (modestly) slower growth narrative in order to support the current dovish Fed. As with the non-farm payroll seasonal adjustments, the GDP numbers are becoming increasingly unreliable as a true indicator of current economic growth and more a […]

Lies, damn lies and Govt statistics

On Friday 25th the US will report its advance estimate for Q2 GDP growth, although the main point of interest may again be the how the numbers have been doctored to fit a political narrative. Back on 5 May, we highlighted the way in which the Q1 growth estimate of +3.2% had been overstated and […]