New York Fed GDP Nowcast

New York Fed GDP Nowcast The New York Fed’s GDP Nowcast stands at 1.52% for 2021:Q2. Image: Federal Reserve Bank of New York Click the Image to Enlarge

Temporary Help Services Jobs vs. Real GDP and U.S. Recessions

Temporary Help Services Jobs vs. Real GDP and U.S. Recessions Temporary Help Services Jobs at -4.33% YoY in March, are a good leading indicator before a recession (red line at -3.5%). In 2001 and 2007, when Temporary Help Services Jobs were below -3.5% YoY, a recession began in the United States.