ACTV - U.S. Economy Still On Track For Modest Pickup In Growth For Q2
2024-05-22 11:45:00 ET
Summary
- US economic activity is expected to post a modestly firmer increase in the second quarter.
- Output for the April-through-June period is projected to rise 1.9%.
- A possible early sign of trouble for later this year is the ongoing slowdown in labor market growth.
US Economy Still On Track For Modest Pickup In Growth For Q2
US economic activity is expected to post a modestly firmer increase in the second-quarter, based on the median estimate for a set of nowcasts compiled by CapitalSpectator.com . More than half of the quarter’s data sets have yet to be published, but the early clues continue to skew positive....
U.S. Economy Still On Track For Modest Pickup In Growth For Q2