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28th Jun 2023 14:38U.S., Daily Monitor

  • The drag on Q2 GDP growth from foreign trade will be more than offset by an inventory rebound.
  • …Q2 growth will be stronger than we initially expected, but downside risks remain for Q3 and Q4.
  • Jobless claims likely remained high last week, but noise is coming in July; pending home sales down?

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Keywords for: 29 June 2023 US Monitor

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