US Economic Update: March 2017

Jobs growth, business surveys and consumer sentiment all point to an economy in good shape.

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Key points:

  • Jobs growth, business surveys and consumer sentiment all point to an economy in good shape.
  • March quarter GDP growth is looking soft but a weak start to the year has not been unusual in recent times.
  • The Fed obviously thinks so, raising the fed funds rate in its March meeting with more ‘gradual’ rate rises to come.

For further details please see the attached document: