The U.S. Economy in Real-Time via another sleek and even better high frequency data point which is highly complementary — it confirms or not the 2 from above.
Weekly Economic Index (WEI) by Dallas Fed, a good GDP proxy as the index is scaled to align with year-over-year GDP growth, which gives it a concrete interpretive anchor beyond just being a directional signal:
3.06% (blue) for the week ended August 29th, and 2.84%t for August 22nd, according to the latest release from just 3 days ago, the 3rd of September — basically, it is equivalent to a +3% year‑over‑year rise in GDP
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