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Where the U.S. economy stands in Q1 2023

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NDR Economic Cycle Infographic updated for Q1 2023, highlighting 12 economic sub-cycles. Slower real GDP growth, led by a slump in inventories. But private domestic demand firmed. Credit conditions worsened, amid the banking turmoil and tighter Fed policy. Inflation stalled at an elevated level, as the labor market remained tight.

Ned Davis Research | Economics | U.S. Economics Cycle Snapshot | Quarterly

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