US Q2 Economic Estimate Still Expected To Post Strong Growth

Nonetheless, it appears that Q2 growth will mark the high point in US economic activity relatively to the foreseeable future and so deceleration in output is the likely path ahead. But deceleration from an unusually high rate of expansion is still bullish.

The bigger challenge is keeping the recovery bubbling for an extended period. The good news is that macro momentum for the immediate future is expected to remain strong, which provides a solid foundation for extending the expansion well into the future.

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Disclosures: None.

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