First Quarter 2018 In Review

Data pointed to a U.S. economy that has slowed slightly but continued to grow at a steady pace during the first quarter. Real gross domestic product (GDP) growth increased at an annual rate of 2.9% in the fourth quarter of 2017, above the average for the economic expansion at just over 2%. As of quarter end, Bloomberg economists’ consensus forecast for first quarter GDP stood at 2.5%, while leading economic indicators pointed to continued solid growth, due in part to the new tax law.

Download the Full Article