U.S. GDP Growth

U.S. GDP Growth Goldman Sachs is still confident in the U.S. economy’s strength and forecasts a positive outlook for U.S. GDP growth in 2024 and 2025 Image: Goldman Sachs Global Investment Research

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 stand at -6.50% YoY in May. The relationship between Temporary Help Services jobs and the macroeconomy is complex. Declines in Temporary Help Services Jobs are often considered a leading indicator of a potential recession (red line at -3.5%), but they do…

Atlanta Fed GDPNow U.S. Real GDP Estimate

Atlanta Fed GDPNow U.S. Real GDP Estimate The GDPNow model estimate for U.S. real GDP growth is 2.6% for 2024:Q2, reflecting the ongoing strength and resilience of the U.S. economy. Image: Federal Reserve Bank of Atlanta

U.S. Private Sector Financial Assets % of GDP

U.S. Private Sector Financial Assets % of GDP The disconnect between the value of U.S. financial assets and GDP raises concerns about the widening wealth gap, potential systemic risks, and economic stability, while also posing policy challenges. Image: BofA Global Investment Strategy

S&P 500 Valuation – Real Market Capitalization to Real GDP Ratio

S&P 500 Valuation – Real Market Capitalization to Real GDP Ratio The inflation-adjusted market capitalization to GDP ratio is a valuable tool to evaluate the U.S. stock market’s valuation. The high current ratio implies a potential overvaluation. Image: Real Investment Advice

Valuation – U.S. Equity Market Capitalization to GDP

Valuation – U.S. Equity Market Capitalization to GDP The U.S. equity market cap to GDP ratio is near an all-time high at approximately 187%, suggesting a significant overvaluation of the U.S. stock market. Image: Goldman Sachs Global Investment Research

Real GDP and Inflation Forecasts

Real GDP and Inflation The U.S. economy has avoided recessions and stagflations 90% of the time, inspiring confidence in investors and showcasing the country’s commitment to long-term economic stability and growth. Image: BofA US Equity & Quant Strategy

U.S. Nominal GDP

U.S. Nominal GDP The strength of U.S. nominal GDP has been crucially supported by fiscal and monetary policies, along with other contributing factors. Image: BofA Global Investment Strategy

U.S. GDP Growth Forecast

U.S. GDP Growth Forecast Goldman Sachs expresses confidence in the robustness of the U.S. economy, foreseeing a positive outlook for the growth of U.S. GDP. Image: Goldman Sachs Global Investment Research

U.S. ISM Manufacturing Index and U.S. GDP Growth

U.S. ISM Manufacturing Index and U.S. GDP Growth The large gap that currently exists between the U.S. ISM Manufacturing Index and U.S. real GDP will eventually close, as economic indicators tend to align over time. Image: Deutsche Bank Asset Allocation