🇺🇸📊 US Economy: Growth Slowing, But Demand Holds Steady!
Recent data shows that the growth rate of the US economy is slowing:
🔹 GDP for the 4th quarter +2.3% (forecast matched, but below the previous 3.1%).
🔹 GDP sales remain stable at 3.2%, indicating sustained consumer demand.
📉 Labor Market Under Pressure
The number of initial unemployment claims rose to 242 thousand (above the forecast of 222 thousand), which may indicate a weakening labor market.
🛒 Consumer Sector – Mixed Signals
✅ Orders for durable goods increased by 3.1% (forecast 2%, previous -1.8%).
❌ Orders for core goods – 0% (forecast 0.2%), indicating business caution.
💸 Inflationary Pressure Intensifies
🔴 GDP price index rose to 2.4% (forecast 2.2%).
🔴 PCE prices accelerated to 2.4%, and core to 2.7% (above expectations).
📌 Conclusion: The growth of the US economy is slowing, but inflation is regaining strength. This could change market expectations regarding Fed rate cuts. Whether to expect a soft policy is an open question.