What does this quarterly economic report offer?
The US Economy in a Snapshot is a quarterly publicatiоn produced by the CEIC Macroeconomic Research Team. The report is designed to provide a comprehensive, albeit concise overview of the current economic and financial developments. The US Economy in a Snapshot report is produced using data from CEIC's Global Database.
In Q2 2022, real GDP contracted for a second successive quarter at a seasonally adjusted annual rate of 0.9% following a decline of 1.6% in Q1 2022, according to the advance estimate released by the US Bureau of Economic Analysis (BEA).
This report provides detailed sets of analysis, with a focus on the following macroeconomic groupings: