NAB’s Wellbeing Index rebounded solidly in the June quarter, after falling to its lowest point in the history of the survey. Pressures remain. But the effort required has eased.
Report
May 2, 2017
US Economic Update: US GDP Q1 2017
The details for quarterly growth, while mixed, where not as bad as the headline result.
Overview:
- Sluggish March quarter GDP growth suggests the economy got off to a slow start in 2017.
- However, March quarter weakness is not uncommon and business surveys and consumer confidence remain solid.
- The outlook for the US economy – of modestly above trend growth – remains unchanged.
For further details please see the attached document
