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28.02.2019 18:00

NAB: US GDP likely to grow by 0.5% in the 4th quarter of 2018

National Australia Bank analysts at expecting the US Q4 GDP growth of 0.5% (2.1% annualised).

“This is well down on the previous two quarters, but is still above our estimate of longer-term trend GDP growth (around 13?4% per year). However, we expect growth to ease further through to Q3 2019, before stabilising towards the end of the year. Overall, we are projecting year-average GDP growth of 2.1% in 2019 and 1.8% in 2020.” analysts said.


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