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Anemic Growth Forecast for First Quarter
Anemic Growth Forecast for First Quarter
March 31, 2025 at 8:06 am EDT By Taegan Goddard 51 Comments
https://politicalwire.com/2025/03/31/anemic-growth-forecast-for-first-quarter/
"SNIP..........
“Policy uncertainty and new sweeping tariffs from the Trump administration are combining to create a stagflationary outlook for the U.S. economy in the latest CNBC Rapid Update.”
“The Rapid Update, averaging forecasts from 14 economists for GDP and inflation, sees first quarter growth registering an anemic 0.3% compared with the 2.3% reported in the fourth quarter of 2024.”
Bloomberg: U.S. business put spending plans on ice with tariffs.
.........SNIP"