This monitor is a reflection of how we update our assessments of economic growth in real-time as we get meaningful updates from macroeconomic data releases; please see here for more details about how to interpret this information.

Bottom Line From The Last Two Days' Public Data Releases: The personal income release, jobless claims, and rig counts point to a continued slowdown in economic activity, but also one that can potentially stabilize to a non-recessionary growth rate. This is consistent with what our activity dashboard continues to signal.

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