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Investing.com -- Despite its forecasted 1.9% annualized contraction in first-quarter GDP, Capital Economics does not expect the U.S. economy to enter a full-blown recession, anticipating a rebound in the second quarter.
âThe principal reason why we are now forecasting a contraction in the current quarter is the revelation in the latest advance economic indicators report, released last Friday, that real goods imports increased by more than 10% m/m in January,â the analysts wrote.
The ...
>>> Read more: Is the U.S. economy headed for recession?
âThe principal reason why we are now forecasting a contraction in the current quarter is the revelation in the latest advance economic indicators report, released last Friday, that real goods imports increased by more than 10% m/m in January,â the analysts wrote.
The ...
>>> Read more: Is the U.S. economy headed for recession?
