Economic Trends Market Trends The Ashton Report Whats Important Now: Report

GDP Fell 1.2% 1Q-22 As Imports And Inventory Issues Overwhelm Consumer And Business Spending


Nearly all the economists who forecast the US economy got it wrong. The Bureau of Economic Analysis released its first “advance” estimate of real growth of US gross domestic product for 1Q-22 April 28, and it surprised nearly everyone on the downside. It fell at a 1.4% annualized rate. The consensus forecast for 1Q-22 by Blue…

This content is for registered members of The Ashton Report or paid subscribers to The Ashton Report Insider only. Please register by clicking the button below to get full access.

Log In Register

About the author

The Ashton Report