by SVN Commercial Advisory Group | May 17, 2021
GDP According to the Bureau of Economic Analysis, Real GDP increased at a seasonally adjusted annualized rate of 6.4% during the first quarter of 2021. Personal consumption expenditures (PCE), a sub-component of GDP output, rose at an annualized 14.6% in the first...
by SVN Commercial Advisory Group | Feb 5, 2021
GDP According to the Bureau of Economic Analysis’ advance estimate, fourth-quarter sales grew at a seasonally and inflation-adjusted annual rate of 4.0% from the previous quarter. Despite a slowdown in improvement after the Summer’s initial snapback, Q4’s reading...
by SVN Commercial Advisory Group | Oct 21, 2019
Plenty of Headwinds Still Pose Risk “By 2020, tariffs already imposed or announced would shrink global GDP by 0.8%. That is equivalent to the whole economy of Switzerland.” – New IMF Managing Director Kristalina Georgieva, as the IMF further cut its global...
by SVN Commercial Advisory Group | Oct 7, 2019
“Economists are really good at saying we just had a recession. They are not so good at expecting a recession.” –NY Fed President John Williams The trade war left its bruises all over the latest data reports. The ISM Manufacturing Index, an index of business...