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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 trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.