What to expect in the first quarter 2020 US GDP report [Yahoo! Finance News]
Mizuho Financial Group, Inc. Sponosred ADR (Japan) (MFG)
US:NYSE Investor Relations:
mizuho-fg.com/investors/index.html
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Source: Yahoo! Finance News
At the end of the first quarter, the coronavirus pandemic broadened out across the globe and the country, dragging output to a near standstill.Market participants are bracing for the first-quarter gross domestic product report to show U.S. economic activity contracted for the first time in six years, and by the most since 2009, as a reflection of the early impact of the outbreak on economic growth.The U.S. Bureau of Economic Analysis is poised to release its advanced estimate of first-quarter 2020 GDP at 8:30 a.m. ET Wednesday. Here are the main metrics expected from the report, compared to consensus expectations compiled by as of Tuesday morning:Estimates for the size of the first-quarter contraction spanned a wide range, as economists grappled with an unprecedented set of business operational halts and widespread stay-in-place orders across the country.JPMorgan Chase economists on Tuesday downgraded their forecast to a Street low of -11.2% on a seasonally adjusted annualized basis,
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MFG
Sec Filings
- 4/10/26 - Form 3
- 4/10/26 - Form 3
- 4/10/26 - Form 3
- MFG's page on the SEC website