12:54pm PDT - July 20th, 2022

Last year's slowdown means y/y 2H-22 data will get a cosmetic boost. BUT every sector was hurting in Q2, which puts a cap on recovery (esp now that big stimulus is clearly out). Lockdowns notwithstanding there will likely be a very modest rebound in 2H. https://t.co/GhRopbfVzu

7 retweets   3 likes  - Shehzad Qazi (@shehzadhqazi)