Macro - Weekly Briefings - US
The economy is off to a better than anticipated start this quarter and we will likely be revising higher our forecast for Q4 GDP and, if the momentum continues, may need to delay the start of the recession in our forecast until Q2 of 2023. New data on retail sales were solid while initial claims for unemployment insurance benefits remain low. The housing market continues to feel the pressure of high mortgage rates.
- Please Note: Due to the brevity and/or nature of the content posted, there is no table of contents available for this report.
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