Tag Archives: US Q1 GDP

Forthcoming slower US Q1 GDP can be considered temporary and technical.The Bureau of Economic Analysis will release the preliminary estimate of Q1 GDP growth on 27 April. Currently Q1 growth is tracking around 2% q-o-q (annualised), a deceleration from 2.9% in Q4-2017. We think this slowdown is transitory and does not reflect the underlying growth trend; we expect some solid catch-up in Q2.We are marking up our Q2 growth forecast to 3.6% from 3.0%, as we expect both investment and...

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