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Negative Q1 US GDP Report Actually Good, According to Economists

May, 04 2017

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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Market updates and forecasts

Negative Q1 US GDP Report Actually Good, According to Economists

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