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home / news releases / ISHP - Q1 GDP Drop Was A Freak Event That'll Get Unwound In Q2

ISHP - Q1 GDP Drop Was A Freak Event That'll Get Unwound In Q2

First Trust S-Network E-Commerce ETF
  • Consumer spending rose by 2.7% in Q1, annual rate, adjusted for raging inflation.
  • Gross private domestic investment rose by 2.3% annualized, following the spectacular spike in Q4.
  • Less-catastrophic imports, thereby a less-catastrophic trade deficit, will reduce the drag on GDP.

For further details see:

Q1 GDP Drop Was A Freak Event That'll Get Unwound In Q2
Stock Information
Company Name: First Trust S-Network E-Commerce ETF
Stock Symbol: ISHP
Market: NASDAQ
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