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FEX - U.S. GDP Nowcasts Continue To Anticipate Stronger Growth For Q1
First Trust Large Cap Core AlphaDEX Fund
The upcoming first-quarter economic report for the US is expected to post a strong acceleration in growth, according to a set of nowcasts.
Firmer growth expectations for the US and the global economy are also highlighted in this week's revised forecasts from The International Monetary Fund.
The IMF projects that US economic output for all of 2021 will expand 6.0%, up from January's 5.5% estimate.