Weekly Market Commentary 2/8/2019
It will be a while before the data calendar is back to normal, as the government shutdown prevented the Census Bureau – the government’s main statistical-gathering agency – from publishing key data during the 35-month hiatus. That includes the comprehensive GDP report for the fourth quarter, which still doesn’t have an official release date. Nonetheless, the paucity of information hasn’t stopped economists from estimating how the economy performed in the waning months of last year; most of the growth estimates fall within a range of 2.5%-3.0%. We expect the GDP growth rate to have come in at 2.8%, topping out a full year for growth that would rank among the strongest since 2005.
- DATE: February 8, 2019
- TYPE: Video
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