Energy Investing - Weekly Chart Evaluation 3/18 here is an Idiot's Weekly/ GDP up qtr over qtr ? - Energy Investing - InvestorVillage


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Msg  488734 of 501588  at  3/18/2023 7:33:18 PM  by

us2u001


 In response to msg 488693 by  Bearcatbob
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Re: Weekly Chart Evaluation 3/18 here is an Idiot's Weekly/ GDP up qtr over qtr ?

 Bottom line, is not the real issue recession or no recession?
 
 
  Leading indicators have said a recession is imminent for a year, then qtr over qtr the GDP actually appears to be moving up? Fourth Qtr 2022 was 2.7%.
 
 

Latest estimate: 3.2 percent — March 16, 2023

 

The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the first quarter of 2023 is 3.2 percent on March 16, unchanged from March 15 after rounding. After this morning's releases from the US Census Bureau and the US Bureau of Labor Statistics, an increase in the nowcast of first-quarter real net exports was offset by a decrease in the nowcast of first-quarter real residential investment growth.





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