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Archives for September, 2021

  1. September 13, 2021

    U.S. GDP is on a trajectory that suggests Q3 growth will come in significantly lower rate than when we started the quarter. Going from an expected 6.1% growth rate to 3.7% is a 40% reduction—which is no small matter. [i] The component parts of GDP have been weakening… More >>

  2. September 7, 2021

    The August jobs report was an unmitigated disappointment relative to expectations. The U.S. economy added 235k jobs in August—well below the consensus estimate of 733k jobs. It’s also the lowest number of jobs being added in a month since January when the U.S economy… More >>