NY FED: Economic Indicators Continue To Fall Into Negative Territory Into July 2022

The New York Federal Reserve Bank Indicators point towards a likely slowdown or contraction in the overall gross domestic product measure later this week. The looking forward survey designed to provide more contemporary and emerging data show that economic activity like manufacturing has receded consistently well into last week.

The national Bureau of Economic Analysis will release the Q2 Gross Domestic Product First Estimate will be released Thursday morning and we provide continue to provide analysis as the data is released.

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