US Economic Indicators Update

Goldman Sachs reports that US financial conditions tightened by 18.4bp this week to 98.40, while the Q2 GDP forecast is maintained at 2.1%.

Key Takeaways

• 1.The nominal GS US Financial Conditions Index (FCI) tightened by 18.4bp to 98.40, primarily driven by a rise in the 10-year Treasury yield.
• 2.The Q2 GDP forecast is currently 2.1% on a quarter-over-quarter annualized basis.
• 3.The April Current Activity Indicator (CAI) slowed slightly to +3.0% from March's +3.1%.

Table of Contents

• Capex Tracker
• Labor Market Tracker
• Manufacturing Survey Tracker
• Non-Manufacturing Survey Tracker
• Wage Tracker
• Monthly Wage Surveys
• Core Inflation Tracker
• GS Social Media Economic Sentiment Index
• The US Economics Team
• Disclosure Appendix

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