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home / news releases / SPXN - U.S. Q1 2024 GDP Growth Looks Set For Slowdown In Thursday's Release

SPXN - U.S. Q1 2024 GDP Growth Looks Set For Slowdown In Thursday's Release

ProShares S&P 500 Ex-Financials

2024-04-24 12:45:00 ET

Summary

  • The US economy appears on track to post softer growth in the first-quarter GDP report scheduled for release on Thursday.
  • The key debate is whether the economy will stabilize at a softer pace of growth vs. decelerate further in the months ahead.
  • A critical factor supporting the upbeat economic view: consumer spending is still solid, based on real (inflation-adjusted) levels.

The US economy appears on track to post softer growth in the first-quarter GDP report scheduled for release on Thursday (Apr. 25), based on the median for a set of nowcasts compiled by CapitalSpectator.com....

For further details see:

U.S. Q1 2024 GDP Growth Looks Set For Slowdown In Thursday's Release
Stock Information
Company Name: ProShares S&P 500 Ex-Financials
Stock Symbol: SPXN
Market: NYSE
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