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GDP Grows Less Than 1% In First Quarter

TedTed
in Off-Topic
FYI: First quarter gross rose domestic product (GDP) rose just 0.7% in the first quarter, less than the 1% economists expected, according to the government’s advance reading released Friday. It was the weakest GDP reading since the first quarter of 2014, when GDP fell 1.2%.
Regards,
Ted
http://blogs.barrons.com/incomeinvesting/2017/04/28/gdp-grows-less-than-1-in-first-quarter/tab/print/

Comments

  • AndyJ
    edited April 2017
    ECRI's leading indicators, which turned up in mid-2016, stalled out and reversed course in the first quarter - so the Q1 GDP result is not too surprising. See "Featured ECRI Composite Indexes," right column, here.
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