Carlo Allegri/Reuters The Department of Commerce will publish its first estimateof US economic growth in the first quarter of 2017 on Friday, and it may show that the economy barely grew at all. The Atlanta Fed's widely followed GDPNow tracker, which aggregates model forecasts for several subcomponents of GDP like exports and homebuilding, fell to an all-time low of 0.2% for the first quarter. Economists surveyed by Bloomberg are more optimistic, forecasting that gross domestic product increased...
It looks like the US economy ground to a halt in the first quarter
Business Insider - 27 Apr 2017 16:47
Carlo Allegri/Reuters The Department of Commerce will publish its first estimateof US economic growth in the first quarter of 2017 on Friday, and it may show that the economy barely grew at all. The Atlanta Fed's widely followed GDPNow tracker, which aggregates model forecasts for several subcomponents of GDP like exports and homebuilding, fell to an all-time low of 0.2% for the first quarter. Economists surveyed by Bloomberg are more optimistic, forecasting that gross domestic product increased...
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