Jobs, Jobs & less Jobs kill US Market ?
@JC888:
US’s GDP for Q1 2025 (Prelim). In my Wed, 30 Apr 2025 post, I have shared Wall Street’s forecast on US’s Q1 2025 GDP (prelim). (click here ! for the estimates) When actual report was released, reading was far weaker than the 0.8% shared. (see below) US Q1 2025 - GDP prelim According to the advance estimate released by US Bureau of Economic Analysis (BEA), real gross domestic product (GDP) for Q1 2025 (January, February, & March), came in at -0.3% annual rate. Just for the record, real GDP was 2.4% in Q4 2024, that’s a -2.7% fall. Factors dragged down GDP. Just as I had shared in my Wednesday post, the decrease in real GDP was ‘caused’ by :