4min chapter

Moody's Talks - Inside Economics cover image

Forecast Surprises, Successes and Slip-Ups

Moody's Talks - Inside Economics

CHAPTER

The Resilience of Consumers and Businesses

The economy has been resilient. We're going to get the GDP for the second quarter on this coming Thursday, is that right or Wednesday? I think it's generally Thursday. In our tracking estimate, we take all the monthly data as it comes in and translate that into what it means for GDP growth in the current quarter. I think we're at 2.2% real GDP growth in Q2. And of course, the hand-in-hand with that is the job growth also. Yeah. It might be a sweeter or something. Because they also had a lot of rain already this year as well. So the timing of those weather events. Right. Well, good to have

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