New York Fed GDP Nowcast

New York Fed GDP Nowcast The New York Fed’s GDP Nowcast stands at 4.45% for 2021:Q3. Image: Federal Reserve Bank of New York Click the Image to Enlarge

U.S. Budget Deficit as a % of GDP

U.S. Budget Deficit as a % of GDP Could stocks struggle following a peak fiscal stimulus? Image: BofA Global Investment Strategy

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 32.81% YoY in May, 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.

Forecasts for GDP Growth

Forecasts for GDP Growth U.S. GDP growth is expected to peak this quarter. Image: BofA Global Research

U.S. GDP Forecast

U.S. GDP Forecast Goldman Sachs expects U.S. economic growth to peak at 10.5% this quarter. Image: Goldman Sachs Global Investment Research