U.S. Growth Nowcast For Q2 Holds Firm As Inflation Risks Mount
2026-05-21·via All Articles on Seeking Alpha
Summary
US economic growth remains on track to post a modestly stronger increase in the second quarter compared with Q1, according to the median nowcast from a set of estimates compiled by CapitalSpectator.com.
Despite heightened inflation risks stemming from the Middle East energy shock, output appears relatively resilient so far for GDP in the current quarter.
Inflation is expected to rise further, according to a survey of economists published by the Philadelphia Fed last week. Headline CPI is projected to briefly spike to 6.0% in the second quarter before easing later in the year.
Dilok Klaisataporn/iStock via Getty Images
US economic growth remains on track to post a modestly stronger increase in the second quarter compared with Q1, according to the median nowcast from a set of estimates compiled by CapitalSpectator.com. Despite heightened inflation risks
