Quarterly Outlooks Page

Vantage Consulting Group often issues an Economic Outlook and Quarterly Review. You may browse most recent Outlooks below.

  • Outlook and Market Review - First Quarter 2016
    Summary:

    The U.S. economy grew at a 0.8% annual rate in the first quarter according to the second estimate of the Bureau of Economic Analysis. U.S. economic growth in the fourth quarter of 2015 was revised upward to 1.4%. Much stronger growth will be needed for the remainder of the year to come close to...

  • Outlook and Market Review - Fourth Quarter 2015
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    Summary:

    The economy grew 0.7% in the fourth quarter of 2015 based on the preliminary announcement by the Bureau of Economic Analysis. Economic growth for the year matched the 2014 rate of 2.4%. The unemployment rate fell to 4.9%, which now matches the Fed’s estimate of the long range full employment...

  • Outlook and Market Review - Third Quarter 2015
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    Summary:

    The Bureau of Economic Analysis revised third quarter U.S. GDP growth to 2.1% from the flash report of only 1.5%. Most of the revised gain was due to inventory adjustments, which may constrain fourth quarter growth. On a year-over-year basis the economy continues to track along a 2.2% to 2.4%...

  • Outlook and Market Review - Second Quarter 2015
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    Summary:

    The U. S. economy grew at a modest 2.3% rate in the second quarter according to the preliminary report of the Bureau of Economic Analysis. First quarter growth was revised upward to 0.6% from the initial report of -0.2%. Consumer spending continues to lead growth even though personal disposable...

  • Outlook and Market Review - First Quarter 2015
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    Summary:

    The U.S. economy barely moved in the First Quarter of 2015 as businesses slashed investment, exports tumbled and consumers showed signs of caution. The advanced estimate of GDP growth for the first quarter by the Bureau of Economic Analysis was a scant 0.2%, which is likely to be revised...

  • Outlook and Market Review - Fourth Quarter 2014
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    Summary:

    Real GDP grew only 2.2% in the fourth quarter of 2014 according to the revised estimate released by the Bureau of Economic Analysis. The original estimate of 2.6% was revised downward. The revised third quarter GDP growth rate was a robust 5%. On an annual basis real GDP continues to grow at a...

  • Outlook and Market Review - Third Quarter 2014
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    Summary:

    Third quarter GDP growth was revised upward to 3.9% by the Bureau of Economic Analysis following a very strong 4.6% growth rate in the second quarter. Strong preliminary sales data, lower gas prices, and an uptick in personal income in the early stages of the fourth quarter suggest good (but not...

  • Outlook and Market Review - Second Quarter 2014
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    Summary:

    GDP growth rebounded in the second quarter of 2014 from a contraction of 2.1% in the first quarter. According to the Bureau of Economic Analysis advanced report, the economy grew 4% in the second quarter. When revised, the growth rate is likely to be closer to 3.5% due to inflated inventory. For...

  • Outlook and Market Review - First Quarter 2014
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    Summary:

    GDP growth was a dismal 0.1% in the first quarter according to the preliminary announcement by the Bureau of Economic Analysis. Growth in the fourth quarter was revised up to 2.6%. First quarter growth was below expectations, partly due to severe weather, but a number of fundamental weaknesses...

  • Outlook and Market Review - Fourth Quarter 2013
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    Summary:

    Economic growth remains sluggish and inflation is not on the radar screen. The Bureau of Economic Analysis revised fourth quarter GDP growth to a 2.4% rate following a revised third quarter 2013 rate of 4.1%. Inventory accumulation boosted third quarter growth but then bled some growth away from...

  • Outlook and Market Review - Third Quarter 2013
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    Summary:

    Real GDP grew 3.6% in the third quarter of 2013 according to the second estimate from the Bureau of Economic Analysis. Second quarter growth was 2.5%. Both quarters had higher growth than expected but the economy continues to expand at a rate well below potential. The primary drags on third...

  • Outlook and Market Review - Second Quarter 2013
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    Summary:

    Real GDP growth in the second quarter of 2013 was revised upward to 2.5% from the preliminary announcement of 1.7%. GDP growth in the first quarter was a lackluster 1.1%. The unemployment rate (U-3) fell to 7.3% in August but the key driving force behind the decline was a drop in the labor...

  • Outlook and Market Review - First Quarter 2013
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    Summary:

    According to the preliminary announcement by the Bureau of Economic Analysis, the economy grew at a 2.5% annual rate in the first quarter of 2013. Sequestration began in March with only a small impact on first quarter growth, but the Congressional Budget Office estimates that the forthcoming $...

  • Outlook and Market Review - Fourth Quarter 2012
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    Summary:

    The U.S. economy is still far behind a typical recovery. In the revised estimate, the economy grew by a miniscule 0.1% in the fourth quarter of 2012. Consumers contributed 1.5% growth to GDP, but were drowned out by reduced government spending and a continued slide of the international trade...

  • Outlook and Market Review - Third Quarter 2012
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    Summary:

    Third quarter 2012 real GDP growth was revised upward by the Bureau of Economic Analysis to 2.7% from the preliminary announcement of 2%. Second quarter GDP growth was 1.3% after revision. Few segments of the economy performed well in the third quarter and much of the 2.7% gain was due to...

  • Outlook and Market Review - Second Quarter 2012
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    Summary:

    Real GDP growth for the second quarter of 2012 was revised upward to 1.7% from 1.5% in the preliminary announcement by the Bureau of Economic Analysis. The revised GDP growth rate in the first quarter was 2%. Overall, the economy is performing well below the long run average of 3.3% GDP growth...

  • Outlook and Market Review - First Quarter 2012
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    Summary:

    The U. S. economy continues to muddle along as predicted in prior Outlooks. Annualized first quarter GDP growth was 2.2% in preliminary announcements by the Bureau of Economic Analysis, following a weak 1.7% growth for all of 2011. Over the entire “recovery” period starting in the third quarter...

  • Outlook and Market Review - Fourth Quarter 2011
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    Summary:

    Based on preliminary estimates from the Bureau of Economic Analysis, the economy grew only 1.7% in 2011 following 3% growth in 2010. For the fourth quarter of 2011, the preliminary economic growth estimate was 2.8% but roughly two-thirds of that growth came from inventory accumulation. Consumer...

  • Outlook and Market Review - Third Quarter 2011
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    Summary:

    In the first revision of third quarter GDP, the Bureau of Economic Analysis announced that the U.S. economy grew at only 2% in the third quarter.  For the year, the real GDP growth was 1.5%, which is well below normal growth in the third year of an expansion.  Consumers led the way in the third...

  • Outlook and Market Review - Second Quarter 2011
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    Summary:

    The economy continues to muddle along with low growth and high unemployment in what hardly feels like the start of the third year of a recovery. According to the advanced announcement by the Bureau of Economic Analysis, second quarter GDP grew at an anemic 1.3% rate (which is already being...

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