United States Economic Update – November 2015
There is still solid underlying momentum in the economy despite the slowdown in U.S. GDP growth in the September quarter.
Summary
- There is still solid underlying momentum in the economy despite the slowdown in U.S. GDP growth in the September quarter. Moderate GDP growth is expected to continue.
- The likelihood of a fed funds rate hike in December has increased. Subsequent hikes will be gradual.
- Manufacturing continues to struggle, due to dollar apprecation and, more recently, an inventory correction.
For further details please see the attached document.
US Economic Update – 12 November 2015 (PDF, 306KB)
About the Author
NAB’s Group Economics consists of a leading team of economists who provide accurate, timely and relevant updates on domestic, international and industrial economic trends.
Headed up by the Group Chief Economist, Alan Oster, the team is comprised of three distinct departments:
- Australian economics and commodities
- International economics
- Industry economics
The team publish a wealth of content including reports, surveys, forecasts and indexes.
