Revised U.S. GDP Nowcast For Q4 Still Reflects Modest Slowdown
- The US economy remains on track to end the year with a moderate increase in output, according to the median Q4 GDP estimate based on a set of nowcasts published by several sources.
- Real (inflation-adjusted) growth is projected to increase 2.0% in Q4 for the annualized comparison, based on the median.
- Beyond Q4, there’s renewed uncertainty about how the Trump 2.0 economic agenda will reshuffle macro conditions for the US and beyond.
Richard Drury
The US economy remains on track to end the year with a moderate increase in output, according to the median Q4 GDP estimate based on a set of nowcasts published by several sources. Recession risk, as a result, is still a
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