Pantheon Macroeconomics

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28th Mar 2023 15:30U.S., Daily Monitor

  • The cost of carrying inventory has rocketed, so most firms will seek to hold less. 
  • A downswing in the valuation adjustment will add to the inventory hit to GDP growth in both Q1 and Q2.
  • The uptick in consumer confidence won’t last as tighter credit bites and the job market softens.

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Keywords for: 29 Mar 2023 US Monitor

consumer confidence, credit, gdp growth, inventories, job market, q1, us, Pantheon Macro, Pantheon Macroeconomics, independent macro research, independent research, ian shepherdson, economic intelligence