Growth May Be Much Stronger Than It Appears
May 13, 2024 at 11:56 AM EDT
Like we stated in 2022 when first quarter 2022 real gross domestic product (GDP) was negative, U.S. economic growth is stronger than the GDP numbers reflect. As was the case then, first quarter 2024 economic growth was stronger than the 1.6% annualized growth that GDP estimates. This is due to how GDP is calculated. Imports [...] The post Growth May Be Much Stronger Than It Appears appeared first on ETF Trends .
