Macro Snippets



Behind the Headline: Q1 GDP Lower & March Inflation Higher

On April 27th, the Bureau of Economic Analysis (BEA) released its “advance estimate” for the 2018 Q1 real GDP at 2.3%.

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Behind the Headline – October CPI

On November 15, 2017, the BEA released its Consumer Price Index showing that the CPI-U rose 0.1% in October.

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Behind the Headline – US GDP Surprising at 3 percent

The 2017 Q3 came in at 3% and surprised everyone. What are the contributing factors telling us?

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Behind the Headline: Is US GDP Stuck in the Low Gear?

09/11/2017 - The average annual real GDP over the 5 decades since 1950 in the U.S. has been 3.6%. The average GDP in the first decade in the 21st Century was 1.7%. Based on our analysis, we believe the U.S. GDP on average is likely to remain below historical trend.

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Behind the Headline – US GDP 2017 Q2 2nd Estimate

On August 30, 2017, the Bureau of Economic Analysis released the Second Estimate for the U.S. second quarter real GDP . In this article, we attempt to understand if the 3% revision is an anomaly.

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Behind the Headline – Phillips Curve

The Phillips Curve is a hypothesis and should not be treated as a rule. Here we look at the euro area and the U.S. employment and inflation data to show that there employment or low unemployment is now insufficient to drive inflation.

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Behind the Headline: 2017 Q2 GDP

Understanding GDP components offers a more complete story of the underlying drivers to our economy.

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State of the Unemployed Union

Recently, we took a look at the BLS June report for employment and unemployment statistics on the state level and the Employment Situation Summary found some interesting observations.

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