U.S. GDP in 1Q19
A Strange and Unexpected U.S. GDP Report
April 26, 2019
U.S. real GDP grew 3.2% at a seasonally adjusted annualized rate (SAAR) last quarter, which is close to a percentage point higher than was predicted. Year-on-year growth in the first quarter was also 3.2%. The acceleration of quarter-on-quarter growth to 3.2% from 2.2% SAAR did not stem from the usual suspects. Real final private domestic […] More
