Abstract

Economic OutlookVolume 41, Issue 3 p. 32-33 Article United States First published: 10 August 2017 https://doi.org/10.1111/1468-0319.12293Citations: 1AboutPDF ToolsRequest permissionExport citationAdd to favoritesTrack citation ShareShare Give accessShare full text accessShare full-text accessPlease review our Terms and Conditions of Use and check box below to share full-text version of article.I have read and accept the Wiley Online Library Terms and Conditions of UseShareable LinkUse the link below to share a full-text version of this article with your friends and colleagues. Learn more.Copy URL Share a linkShare onFacebookTwitterLinkedInRedditWechat Abstract Real GDP growth slowed to an annualised rate of 1.4% in Q1 2017 from 2.1% in Q4 2016. Growth in Q1 was constrained by weak consumer spending and inventories, while residential and business investment rose strongly. But, we believe this lull will be short-lived and forecast a rebound in GDP growth to around 3.0% in Q2. The factors that constrained consumer spending, including higher inflation, unusually warm weather and slower tax refunds, were not repeated in Q2. Citing Literature Volume41, Issue3July 2017Pages 32-33 RelatedInformation

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