Report title: Blue Chip Economic Indicators, Vol. 34, No. 8
from Blue Chip Economic Indicators
19 page report published Aug 10, 2009

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About Blue Chip Economic Indicators

Domestic Commentary<b>Domestic Commentary</b> Our August 5th-6th survey revealed increased optimism among a majority of our panelists about prospects for economic growth in the second half of this year and in 2010. The improved outlook stems from the government?s initial estimate that real GDP contracted at a slower than expected pace in Q2, coupled with above consensus readings in a variety of other more high-frequency reports on economic activity. As a result, close to 90% of our panelists believe the recession ? the longest and deepest in the post World War II era ? will eventually be declared by the National Bureau of Economic Research (NBER) to have ended this quarter...

<b>International Commentary</b> Leading indicators of foreign economic growth have bounced considerably off their late 2008/early 2009 lows...International Commentary

Source: Aspen Publishers
Document ID: BCEI0809
Country: United States
Industry: Banking
Industry: Financial Services
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