October 22, 2012 - The broadest measure of the health of the U.S. economy is Gross Domestic Product (GDP). This Friday, October 26, 2012, the Bureau of Economic Analysis of the U.S. Department of Commerce will release its initial estimate of GDP for the third quarter of 2012. The consensus is looking for a 1.8% annualized increase in GDP between the second and third quarters, a slight acceleration in growth from the 1.3% pace in the second quarter. We continue to maintain our below-consensus forecast for 2.0% GDP growth for all of 2012. The consensus estimate for GDP growth in 2012 is now 2.1%. (We last wrote about the overall health of the U.S. economy and GDP in late July 2012, just after the release of second quarter 2012 GDP figures.)

Download the full-version of Gauging Global Growth in 2013: click here to download (PDF). 

UPDATE

May 28, 2013 - The outlook for global growth is important to investors since it defines the ultimate pace of activity that creates value for countries, companies,and consumers. The October 22, 2012 edition of the Weekly Economic Commentary titled Gauging Global Growth in 2013 , discussed the outlook for global economic growth in 2013, as 2012 drew to a close. In this week's commentary, we will revisit the 2013 world gross domestic product (GDP) forecast and look ahead to 2014.

Download the full-version of Gauging Global Growth in 2013 Update: click here to download (PDF).