China GDP Growth Consensus Estimates GDP upgrades are likely to spur interest in China’s markets, encouraging asset allocation towards sectors that align with the country’s economic transformation. Image: BofA Global Investment Strategy
Atlanta Fed GDPNow U.S. Real GDP Estimate The GDPNow model forecasts a 3.2% increase in U.S. real GDP for Q3 2024, suggesting a favorable outlook for continued economic expansion. Image: Federal Reserve Bank of Atlanta
Temporary Help Services Jobs vs. Real GDP and U.S. Recessions Temporary Help Services Jobs stand at -5.17% YoY in September. 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…
U.S. GDP Growth Goldman Sachs is optimistic about the U.S. economy’s resilience and predicts a more positive GDP growth outlook for 2024 and 2025 compared to consensus forecasts. Image: Goldman Sachs Global Investment Research
U.S. Dollar Index and Rest of the World GDP A weaker U.S. dollar typically bodes well for the global economy by boosting growth prospects, improving trade dynamics, and encouraging investment in international markets. Image: BofA Predictive Analytics
GDP Growth Revision The U.S. economy demonstrates resilience and promising growth outlook, in contrast to the EU and China, which face slower recoveries and economic challenges. Image: Deutsche Bank
Real GDP in U.S. The revised U.S. GDP growth for Q2 2024, at an annual rate of 3%, highlights strong economic performance, supported by robust consumer spending and business investment, with expectations for continued growth in the near future. Image: Deutsche Bank
Real U.S. Household Net Worth vs. GDP The current wealth of American households, marked by an unprecedented gap between net worth and GDP, raises concerns about sustainability. A correction may occur if asset prices begin to realign with economic fundamentals. Image: Real Investment Advice
U.S. Debt Held by Public as Share of GDP The anticipated increase in the U.S. federal debt by 2030 could potentially harm the economy, leading to higher interest payments, constrained resources, and potential limitations on growth and government responsiveness. Image: Deutsche Bank
Global Debt as % of GDP Japan holds the distinction of having the highest debt burden relative to its GDP in the world, which raises concerns about long-term sustainability. In comparison, other advanced economies have significantly lower debt-to-GDP ratios. Image: BofA Global Investment Strategy