The prospect was 2% growth. In the 4th quarter, personal spending increased by 1.8%, this was the weakest figure since the first quarter, the expectation was 2%.
Core PCE increased by 1.3% to 1.6% expectation under I stayed. While the GDP price index remained below the forecasts of 1.4% to 1.8%, exports increased 1.4% in this period, while imports decreased 8.7%.
While the decline in operating investments poses a risk on employment and consumer spending, US aircraft manufacturer Boeing’s 737 Max cessation is expected to put pressure on the economy in at least the first half of the year, while healthy employment figures, cheap borrowing costs and stabilization in the global manufacturing sector after the trade agreement will support growth.
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https://www.bloomberght.com/abd-2019-un-son-ceyreginde-21-buyudu-2245454
