Stronger Q1 real GDP growth estimate, led by upward revisions to services spending, capex, and S&L government spending. But corporate profits decline amid high labor costs. Margin compression intensifies. CFNAI trend implies subdued economic growth in early Q2, but no recession. Initial jobless claims remain range-bound, but above cyclical low, a sign of some softening in labor market conditions. Pending home sales flat amid lack of inventory and affordability challenges.
Complete the form and a member of our team will send you a copy of this publication.
While you wait, explore additional NDR research and solutions.
Institutional Investors
Custom Research
Wealth Managers
Stock Selection
ETF Selection
Please note that you are using an unsupported browser. While the site will continue to function, you might experience sub-optimal behavior until you upgrade. Please update your browser to a later version for a better experience.