When do gdp numbers come out

Richard Clarida speaks on the policy framework. Philadelphia Fed President Patrick Harker speaks on the outlook. Chicago Fed President Charles Evans speaks on supply chains. NFIB small-business index. Producer price index final demand. Real household debt annual rate. Initial jobless claims regular state program. Continuing jobless claims regular state program. Consumer price index. Core CPI. Wholesale inventories revision. Federal budget. ISM manufacturing index. ADP employment report.

ISM services index. International Trade in Goods and Services, June August 5. Activities of U. Affiliates of Foreign Multinational Enterprises, August Personal Income and Outlays, July International Trade in Goods and Services, July September 2.

International Transactions, 2nd Quarter September Personal Income by State, 2nd Quarter and Year Gross Domestic Product for Puerto Rico, International Investment Position, 2nd Quarter Personal Income and Outlays, August October 1. International Trade in Goods and Services, August October 5. Personal Consumption Expenditures by State, October 8.

October Personal Income and Outlays, September International Trade in Goods and Services, September November 4. Outdoor Recreation Satellite Account, U. November 9. Multinational Enterprises, November The wave, which peaked on May 9 in terms of seven-day average of daily new cases, was far more severe than the first wave in terms of infections and deaths. While mobility restrictions were not as crippling as the day nationwide lockdown which was imposed on March 25, , there were some and they did generate significant headwinds for economic activity.

Interestingly, this is an improvement over the Here are three charts which tell us what to expect and what to make of the GDP numbers to be released on Tuesday. Like most economic statistics after the lockdown, the GDP numbers will also have a large base effect. This is because of the massive economic disruption which the day long lockdown inflicted on the economy last year.

In normal times, even a double-digit GDP growth rate would have meant that the economy was experiencing a boom. The economy was losing growth momentum even before the pandemic broke. High-frequency indicators suggest a staggered demand side damage because of the second wave. While GDP numbers come with a significant lag and are likely to be revised further during the course of the year, many high frequency indicators can tell us about the state of economic activity in the first quarter of the current fiscal year.

NIBRI comprises Google mobility indices, driving mobility data from Apple, and details of power demand and the labour force participation rate.

NIBRI started losing momentum in the March quarter itself and fell sharply as the second wave of Covid cases gained momentum.