It’s Only Common Sense Mastering the Follow-Up—The Key to Closing More Deals
Driving Innovation: Registration in PCB Production Throughout the Process
Dan's Biz Bookshelf: 'Getting Naked: A Business Fable'
Despite Weak 2Q Results, 2H2015 Expected to Be Better
July 31, 2015 | The Conference BoardEstimated reading time: Less than a minute
The U.S. Bureau of Economic Analysis today reported 2.3 percent annualized growth in real Gross Domestic Product for the second quarter of 2015. The release also included a large upward revision to the first quarter (from −0.2 to 0.6 percent), and small downward revisions to the 2012–2014 period.
While in line with our forecast, this report is somewhat disappointing, partly due to the drop in business investment in equipment. The change in inventories was very large again, which will weigh down on GDP growth in the second half of the 2015. On the other hand, headwinds from the strong dollar and the drop in oil-related investment will weaken in the second half of 2015, and we expect the ongoing improvement in the labor and housing markets to push the US economy to about 2.5% in the second half of 2015.
We should not expect more than that in a moderate cyclical expansion when potential GDP is growing at just 2% or even lower. This report is unlikely to change the outlook for a first Fed hike interest rates in September.
Share on:
Suggested Items
Global Semiconductor Sales Increase 18.8% in Q1 2025 Compared to Q1 2024; March 2025 Sales up 1.8% MoM
05/06/2025 | SIAThe Semiconductor Industry Association (SIA) announced global semiconductor sales were $167.7 billion for the first quarter of 2025, an increase of 18.8% compared to the first quarter of 2024 but 2.8% less than the fourth quarter of 2024.
KLA Reports Fiscal 2025 Q3 Results
05/02/2025 | PRNewswireKLA Corporation announced financial and operating results for its third quarter of fiscal year 2025, which ended on March 31, 2025, and reported GAAP net income of $1.09 billion and GAAP net income per diluted share of $8.16 on revenues of $3.06 billion.
OSI Systems Reports Fiscal 2025 Q3 Financial Results
05/02/2025 | BUSINESS WIREOSI Systems, Inc. announced its financial results for the three and nine months ended March 31, 2025.
Nano Dimension Announces 2024 Financial Results
05/02/2025 | Nano DimensionNano Dimension Ltd., a leader in Digital Manufacturing solutions, announced its 2024 financial results and shared its 2025 strategic outlook.
Spirit AeroSystems Reports First Quarter 2025 Results
05/02/2025 | Spirit AeroSystems, Inc.Spirit's revenue in the first quarter of 2025 decreased from the same period of 2024, primarily due to lower production activity on most Boeing programs, particularly the Boeing 737 program.