US Economic Update – US GDP Q3 2015
U.S. GDP growth slowed in the September quarter to a rate of 0.4% qoq (1.5% annualised).
- U.S. GDP growth slowed in the September quarter to a rate of 0.4% qoq (1.5% annualised).
- The details were more positive and there appears to be still solid underlying momentum in the economy.
- We have lowered our forecast slightly for 2015 – to 2.4% from 2.5%.
For further analysis download the full report.
About the Author
Tony joined NAB early in 2011 from the Victorian Treasury where he worked for 12 years on a range of issues, including state budget strategy and forecasting state taxation revenues.
Before this, Tony was in the Commonwealth Treasury for a decade, where he undertook work on macroeconomic forecasting, microeconomic reform and debt management.
Tony grew up in Canberra and graduated (with first class honours) from the Australian National University. He also holds a Masters degree in Applied Finance from Macquarie University.
