The Traderszone Network

Published in TZ Latest News 5 June, 2016 by The TZ Newswire Staff

NABE cuts 2016 US GDP forecast

Highlights from the latest National Association of Business Economics survey:
– Cuts 2016 GDP estimate to 1.8% from 2.2% in March
– Sees no rise in business fixed investment this year
This was the third consecutive lowering of the 2016 growth forecast.