Sorry Macro Tourists, Real GDP Growth Will Be Less Than You Think

It's a good thing Durable Goods New Orders growth is plunging and the "recovery" in Capital Goods New Orders petered out.

 

Take a look.

 

Sorry Macro Tourists, Real GDP Growth Will Be Less Than You Think - z durable goods

 

Sorry Macro Tourists, Real GDP Growth Will Be Less Than You Think - z capital goods

 

We reiterate our call for the underlying pace of U.S. real GDP growth to slow throughout the balance of the year.

 

Don't be a lazy macro tourist and get sucked into volatile, increasingly useless QoQ SAAR noise. Real GDP growth will be 2% or less in 2015.

 

Sorry Macro Tourists, Real GDP Growth Will Be Less Than You Think -  DemographicYields GDP Surveys

 

Sorry Macro Tourists, Real GDP Growth Will Be Less Than You Think - Bloomberg Consensus GDP Estimate

 

More on this subject... 

Sorry Macro Tourists, Real GDP Growth Will Be Less Than You Think - green