China (Real GDP Levels)

China (Real GDP Levels) China is expected to continue a robust recovery. Image: J.P. Morgan Asset Management

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 -16.08% YoY in September, 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.

2021 U.S. Real GDP Forecasts

2021 U.S. Real GDP Forecasts Goldman Sachs forecasts U.S. real GDP growth of 5.8% in 2021 compared to the consensus forecast of 3.8%. Image: Goldman Sachs Global Investment Research

Real GDP – China vs. U.S.

Real GDP – China vs. U.S. Chart suggesting that China real GDP will overtake U.S. real GDP by 2031. Image: Deutsche Bank

Global Real GDP Forecasts

Global Real GDP Forecasts Chart suggesting that the V-shaped recovery is proceeding faster than the previous forecast. Image: Morgan Stanley Research

U.S. Real GDP Relative to Pre-Coronavirus Level

U.S. Real GDP Relative to Pre-Coronavirus Level Goldman Sachs is optimistic and has raised its 2021 estimate of U.S. real GDP growth to 6.2%. Image: Goldman Sachs Global Investment Research