United States: above all, do not say recession!

Posted 28 July, 2022

The advanced figures (first of three estimates) of the American GDP for the second quarter of 2022 have just fallen, and confirm, as the Biden administration had already hinted, a new contraction, for the second consecutive quarter, of the gross domestic product. national. US GDP therefore corrected by 0.9% on an annual basis in the second quarter, against a FactSet consensus of +0.8% and after a decline of 1.6% over the previous quarter. Personal consumer spending still appreciated at a rate of 1% for the second quarter, against 1.3% consensus and 1.8% a quarter before.

Note that the weekly jobless claims for the week ended July 23 were also announced today, and stand at 256,000, against 255,000 consensus and 261,000 a week before.

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28 July, 2022 15:59

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27 July, 2022 10:35

Yesterday on Wall Street →

On the eve of another rate hike by the US Central Bank, the New York Stock Exchange ended down sharply, penalized by Walmart's warning.

Yesterday on Wall Street
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