EIU report

US economic slowdown: how to read the mixed signals

US economic data sent mixed signals in the first quarter of 2023, suggesting the US economy is at a turning point.

Firm real GDP growth in January-March masked substantial month-on-month variation, as well as a slowdown in the manufacturing sector. Consumer spending remained strong, but will slow as prices stay high and the full weight of monetary tightening over the past year comes to bear. What is the impact of the economic slowdown in 2023 and will the US economy bounce back?

EIU’s latest report provides businesses with foresight of the critical trends and risks that could determine the outlook for the US economy in 2023. Download our free report to discover the US economy forecast.

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