Equipment And Structures Investment
We’re about halfway into Q3. Nowcasts put equipment and structures investment — particularly forward looking investment — at near flat relative to Q2.
Figure 1: Equipment and Structures investment (blue line, left log scale), GDPNow nowcast of 8/7 (light blue square), both in bn.Ch.2017$ SAAR; EPU (news) (red, right scale). Source: BEA, Atlanta Fed (8/7), policyuncertainty.com, and author’s calculations.
See what consumer durables are doing, here.
Thanks, Drumpf!
More By This Author:
If You Believe The CPS Employment Series Turns Down Before The CES, Be AfraidbCore Inflation Nowcasts And Tracking
Manufacturing On The Ropes?
How did you like this article? Let us know so we can better customize your reading experience.
Comments
Leave a comment to automatically be entered into
our contest to win a free Echo Show.
