US economic growth is expected to hold steady at a 2%-plus pace in the second quarter, according to the median nowcast from several estimates compiled by CapitalSpectator.com.
This early estimate for the current quarter suggests that the economy may be more resilient to the effects of the Middle East conflict than previously assumed.
The current median nowcast for Q2, however, suggests that real (inflation-adjusted) output will be largely unchanged relative to Q1.
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US economic growth is expected to hold steady at a 2%-plus pace in the second quarter, according to the median nowcast from several estimates compiled by CapitalSpectator.com. This early estimate for the current quarter suggests that the economy may