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China Tariffs Could Worsen Inflation and Hurt US Growth: S&P Global

China Tariffs Could Worsen Inflation and Hurt US Growth: S&P Global
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Donald trumpBen herzonPresident biden

U S Economy Grew at 3 3% Rate in Latest Quarter

The increase in gross domestic product, while slower than in the previous period, showed the resilience of the recovery from the pandemic’s upheaval.

United statesBen herzonMichael gapenBrian roseCommerce departmentFederal reserveMiddle eastUs economyRecession and depressionConsumer behaviourStocks bonds

GDP shows economic growth slowed to 1 1% in Q1

Inflation was up and inventories down, but consumer spending kept GDP growing albeit at a slower pace.

United statesBen herzonMarvin lohJonathan pingleState street globalJohn leerMorning consult

Housing Drags Down US Economy For Second-Straight Quarter In Q1

Consumer spending remained high while the broader economy slowed, growing just 1.1 percent in the first 3 months of 2023, according to data released Thursday.

United statesNew yorkBen herzonJoseph lavorgnaLydia boussourDana petersonLas vegasSignature bankFederal reserveUs bureau of economic analysisWashington postCongressional budget officeNew york timesSilicon valley bankInman connect las vegasSecurities america

Computers outperform humans for accuracy on US GDP forecasts

Largely automated computer models beat most economists.

United statesAtlanta gdpnowMatt luzzettiLarry meyerBen herzonBureau of economic analysisFederal reserve bankBrett ryan at deutsche bankMarket committeeDeutsche bankJpmorgan chase coCommerce departmentMonetary policy analytics incNational bureau of economic researchMonetary policy analyticsFed governor larry meyer

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