Weekly Data check

The New York Fed Weekly Economic Index:

Still waiting to form a bottom I believe
Weekly Johnson Redbook retail store index covering 9000 US general Merchandise stores,no online sales used

Not all bad news Atlanta GDPNow model reporting;

The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the second quarter of 2020 is -41.9 percent May 19, up from -42.8 percent on May 15. After this morning’s new residential construction report from the U.S. Census Bureau, the nowcast of second-quarter real gross private domestic investment growth increased from -69.4 percent to -66.0 percent.

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