The Numbers
US GDP: Keep An Eye On Consumption
Advanced Q4 US GDP missed estimates, slowing down to 2.3% quarterly annualized growth from 3.1%. The weakness was however driven by inventories. Consumer spending beat estimates and accelerated to 4.2% from 3.7% in Q3. Growth is still above trend as the US…
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Concise macro insight that cuts through daily noise, helping clients stay informed on what matters in markets, why it matters, and how to talk about it, without spending hours reading research.
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