Pantheon Macroeconomics - Yesterday's data don't significantly change our view that first quarter GDP growth will be reported at only about 1%, but the foreign trade and consumer confidence numbers support our contention that the underlying trend in growth is rather stronger than that.

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29 March 2017 Consumers are Happy, but Spending Will Lag Sentiment

By Ian Shepherdson

Yesterday's data don't significantly change our view that first quarter GDP growth will be reported at only about 1%, but the foreign trade and consumer confidence numbers support our contention that the underlying trend in growth is rather stronger than that.

Posted: 28th Mar 2017 in 'U.S. Documents'

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