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29th Jan 2025 10:32USDaily Monitor

  • GDP rose by 2.3% in Q4, and measures of underlying momentum were even stronger...
  • ...But growth is now extremely dependent on consumption, which likely will slow markedly from here. 
  • Expect a modest 0.8% rise in the Q4 ECI today, and smaller increases over coming quarters.

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Keywords for: 31 January 2025 US Monitor

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