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Negative Q1 US GDP Report Actually Good, According to Economists

May, 04 2017
watermark Economic news

The US economy has recently recorded its slowest growth rate within a three-year period during the first quarter of 2017 after it rose by a rate of 0.7%, a significant decrease compared to the 2.1% rate recorded during the previous quarter. However, some economic analysts are saying that this comparatively weak GDP report is actually a good thing for the country’s economy, since the report is now showing signs that the US economy is ready to push forward again, especially since the wages data looks very encouraging as of the moment.


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Foreign exchange is highly speculative and complex in nature, and may not be suitable for all investors. Forex trading may result in a substantial gain or loss. Therefore, it is not advisable to invest money you cannot afford to lose. Before using the services offered by ForexMart, please acknowledge the risks associated with forex trading. Seek independent financial advice if necessary. Please note that neither past performance nor forecasts are reliable indicators of future results.