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22nd Apr 2024 17:47US, Daily Monitor

  • S&P's PMI is too unreliable a guide to GDP to be useful, but its soft inflation signal should be taken seriously.
  • Annual retail sales revisions could have significant implications for consumption growth in Q1.
  • New home sales probably rose in March, capping a strong quarter for residential investment.

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Keywords for: 23 April 2024 US Monitor T

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