EIU Nowcast: Growth rises as consumer sentiment remains strong

2024-04-07 10:59

  • nowcast release: growth rises as consumer sentiment remains strong

    • The EIU nowcast for 2020Q1 US GDP growth moved up to 1.78% (Y-on-Y) as of 14th Feb 2020, 0.05 percentage points higher than that of 7th Feb 2020.

    • Better than expected consumer sentiment, industrial production and capacity utilization data outweighed negative surprises from retail sales data.

    • To get the full background to our EIU Nowcast, view our methodology and FAQs page or contact us using the form below.

    Data releases (last week)

    IndicatorsReference PeriodRelease Date
    Retail Sales & Food Services (SA, Mil.$)Jan (20’)14th Feb 2020
    Industrial Production Index (SA, 2012=100)Jan (20’)14th Feb 2020
    Capacity Utilization: Industry (SA, Percent of Capacity)Jan (20’)14th Feb 2020
    University of Michigan: Consumer Sentiment (NSA, Q1-66=100)Feb (20’)14th Feb 2020

    Data releases (current week)

    IndicatorsReference PeriodRelease Date
    New Private Housing Units Authorized by Building Permit (SAAR, Thous.Units)Jan (20’)19th Feb 2020
    Housing Starts (SAAR, Thous.Units)Jan (20’)19th Feb 2020

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