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28th Apr 2025 08:16USDaily Monitor

  • We expect GDP growth of 0.5% in Q1, although big questions hang over net trade and inventories.
  • GDP likely will broadly stagnate over the rest of this year, as tariffs hit real incomes and investment.
  • Shortages of products made in China are unlikely to emerge in stores until July.

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Keywords for: 29 April 2025 US Monitor

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