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Insight Reports 4 minutes

US and China Quarterly Economic Update: Growth Slows; Consumption Picks Up in the US

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Coresight Research

Key Points

In this report, we discuss recent macroeconomic indicators from the US and China:

  • US GDP increased by an annual seasonally adjusted rate of 2.0% in the second quarter of 2019, versus 3.1% in the first quarter of 2019.
  • US industrial output decreased at an annual seasonally adjusted rate of 2.1% in the second quarter of 2019.
  • GDP in China increased 6.2% year over year in the second quarter of 2019, slowing from 6.4% in the last quarter.

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