skip to main content
Economic Research

U.S. Q2 GDP Figures Signal U-Shaped Recovery

By
4:02:00 PM | Last Updated

EXECUTIVE SUMMARY

U.S. headline GDP in Q2 2010 rose 2.4% q/q, slightly above our expectations of a 2.1% q/q pickup, while final sales remained weak, at 1.3%. Positive surprises to our forecast came from gains in non-residential structures, a much larger than expected gain in residential investment and a higher than expected positive contribution from government spending. Meanwhile, the benchmark revision to the National Income and Product Accounts (NIPA) shows that the recession was deeper than earlier estimates and recovery is shaping up to be extremely anemic. In particular, the[...]

Access to this content is restricted to RGE clients.

If you have a client code, please enter it here to activate your client account.

Click here for a free trial.

Learn About Our Services:

RGE Research

Our dynamic and intuitive macroeconomic research platform keeps you on top of the extraordinary shifts that transform our global economy, allowing users to uncover unique connections and insights. Discover the resource central banks and that 70% of the world's leading hedge funds, asset managers, PE firms, banks and corporations around the world depend on.

Our market strategists build on the work of our macroeconomic research team, incorporating market dynamics to answer crucial questions and generate actionable investment recommendations. RGE's Market Research and Strategy team gives clients actionable insight across six key asset classes:

• Currencies • Commodities
• Credit • Equity • Gov’t Bonds / Rates
• Emerging Markets • Financials
• Cross Asset Model Portfolio

RGE Strategy

Sometimes, reading research is not enough. Many RGE clients participate at the Roubini Direct Access level to gain a deeper understanding of specific issues. Through interactive live sessions, we engage with world-class thinkers, encourage knowledge sharing, idea generation, risk identification and validation of client initiatives.

Learn More »

For information on becoming an RGE Client, please speak with an RGE Representative in New York at +1 212-645-0010, or in London at +44 (0) 207 092 8850, or email americas@roubini.com for the Americas, europe@roubini.com for Europe, the Midddle East and Africa, and asia@roubini.com for Asia/Pacific.

Publications

Our Research
?

Our Thoughts
?

Outlook Center
?

Central Bank Watch
?

Key Views
?

Scenario Analysis
?
RGE Clients can activate their account by updating Manage My Account

Top 10 Most Read

Our Research
1. Europe’s Playbook for Financial Crises
Our Research
2. India Trip Report: Policy Failures Dent Potential Growth; Is a Mea Culpa Too Little Too Late?
Our Research
3. Debt and Deleveraging: Will China Turn Japanese?
Our Thoughts
4. Turkey’s rising reliance on short-term external funding
Our Research
5. With Elections Passed, Time for BN to Get Malaysia's Fiscal House in Order
Our Research
6. Recent U.S. Data Signals Suggest Slow and Steady Activity
Our Research
7. Commodities: Rising Supply, but Sticky Prices
Our Thoughts
8. No surprise from CBR May meeting, but the Bank sets the scene
Our Research
9. The Eurozone Malaise: From Economic Causes to Market Implications
Our Thoughts
10. Mexico's weak Q1 growth numbers

ROUBINI FEEDBACK FORUM

What Do You Think?
Weigh in on Roubini.com's new look or report any problems you encounter.

Website Feedback Content Feedback