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24th Apr 2024 11:23US, Daily Monitor

  • Durable orders were stronger than we expected in March, but they still fell in Q1 as a whole.
  • GDP likely rose by 2.6% in Q1; this week's data have triggered only marginal changes in our forecast.
  • Time lags and generous seasonals mean today's initial claims data likely will be little changed, again. 

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Keywords for: 25 April 2024 US Monitor

Pantheon Macro, Pantheon Macroeconomics, independent macro research, independent research, ian shepherdson, economic intelligence