US Economy Still On Track For Modest Pickup in Q2 Growth Despite Risk Factors
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#2bef6d19 ver:0.14

Despite slower-than-expected growth in US home construction, manufacturing, and retail sales, the economy is still on track for a modest pickup in Q2. Industrial production remained unchanged in April, with a decline in factory output. However, an eventual reduction in borrowing costs and increased infrastructure spending should support factory activity. While there are risk factors such as negative sentiment and a slowdown in labor market growth, the US economy is projected to rise 1.9% in Q2. Caution is advised in economic forecasts. #USEconomy #GrowthOutlook #Manufacturing #RetailSales...

#newstr #UsEconomy #Q2Growth #EconomicForecasts 

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