Pantheon Macroeconomics

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7th Aug 2024 17:35USDaily Monitor

  • The first estimate of GDP growth was positive at the start of the last three normal recessions...  
  • ...Payrolls provided a much better near-real time guide; they are not flashing bright red, for now.  
  • Initial claims still point to a resilient economy, but a run of higher prints this autumn remains likely.

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Keywords for: 9 August 2024 US Monitor

independent macro research, Pantheon Macro, Pantheon Macroeconomics, independent research, ian shepherdson, economic intelligence