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Subject
Prospects for the US economy to end 2019.
Significance
The strong US labour market and low borrowing costs for businesses and individuals are helping to sustain the decade-long economic expansion. GDP grew by more than 3% in January-March, the third quarter out of four in which it was above 3%. The lacklustre housing market, softening manufacturing sector and rising consumer financial stress may dampen economic growth in the rest of 2019, taking it to 2.3-2.5% for the year.
Keywords:
United States,
INT,
NA,
PROSPECTS H2 2019,
economy,
consumer,
employment,
growth,
investment,
labour,
manufacturing,
monetary,
prices,
sanctions,
wages
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2019
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