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Published on Monday, June 15, 2015 | Updated on Wednesday, June 17, 2015

U.S. | Another Strong Rebound in GDP for 2Q15? Maybe Not as Strong as in 2014

Weak first quarter GDP could be reflecting residual seasonality. Our nowcasting model projects a moderate rebound in 2Q15 of 2.2% QoQ annualized. A modest growth rate in 2Q may signal uncertainty regarding the U.S. economy