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home / news releases / u s economic review and outlook q1 2024

USMC - U.S. Economic Review And Outlook Q1 2024

Principal U.S. Mega-Cap Multi-Factor Index ETF

2024-04-04 14:20:00 ET

Summary

  • The broadest measure of economic activity, growth in real GDP, slowed in the fourth quarter.
  • The U-3 unemployment rate has edged higher from last April (3.4 percent) to February (3.9 percent).
  • In a no-landing scenario, the unemployment rate would likely edge lower again as the demand for workers in an above-trend growth economy allows people to find employment more easily.

By David W. Berson, Ph.D.

The key points you should know

For further details see:

U.S. Economic Review And Outlook Q1 2024
Stock Information
Company Name: Principal U.S. Mega-Cap Multi-Factor Index ETF
Stock Symbol: USMC
Market: NASDAQ
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