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26th Dec 2024 17:12USWeekly Monitor

  • We have revised down our forecast for Q4 GDP growth to 2%, from 2.5% previously.
  • Recent data point to a huge slump in investment in aircraft, and a significant drag from net foreign trade.
  • Attempts to get ahead of threatened tariffs probably will distort the GDP data in the early part of 2025.

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Keywords for: 2 January 2025 US Monitor

independent macro research, Pantheon Macro, Pantheon Macroeconomics, independent research, ian shepherdson, economic intelligence