1. GDP: Q2 ADVANCED ESTIMATE According to the advanced estimate released by the Bureau of Economic Analysis (BEA), real GDP grew at an annualized rate of 1.5% in the second quarter of 2026, down from 2.1% in the first quarter and below the consensus estimate of 2.1%. It is the second consecutive quarter of decelerating …

Continue reading “JULY 31, 2026 Economic Update”

1. CPI INFLATION Consumer prices fell 0.4% on a seasonally adjusted basis in June, its largest single-month decline since April 2020, according to the latest CPI release by the Bureau of Labor Statistics. Prices rose 3.5% over the past 12 months. A retraction of energy prices drove the decline. The energy index fell 5.7% in …

Continue reading “JULY 16, 2026 Economic Update”