Tuesday: Housing Starts

From the SF Fed: The Puzzle of Weak First-Quarter GDP Growth In late April, the Bureau of Economic Analysis (BEA) released its initial estimate of U.S. economic growth for the first three months of 2015. The report was very disappointing, as inflation-adjusted, or real, gross domestic product (GDP) edged up a mere 0.2% at an annual rate in the first quarter. This estimate was far weaker than many economists had forecast, and it raised concerns that the underlying economic recovery may have stalled. Such anemic growth is of particular concern to Federal Reserve policymakers considering when to ......(read more)

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