Courtesy of Mish.
Inventory numbers today suggest a far bigger inventory contribution to GDP than I expected even last week. However, given poor retail sales,
The BEA will post its first (advance) estimate of second-quarter GDP tomorrow. Let’s take a look at 6 predictions of what might happen.
GDPNow: 2.8% July 27
Econoday: 2.6% July 27
Markit: 2.0% July 24