Advertisement
Canada markets open in 9 hours 23 minutes
  • S&P/TSX

    22,011.72
    +139.76 (+0.64%)
     
  • S&P 500

    5,070.55
    +59.95 (+1.20%)
     
  • DOW

    38,503.69
    +263.71 (+0.69%)
     
  • CAD/USD

    0.7319
    -0.0001 (-0.01%)
     
  • CRUDE OIL

    83.44
    +0.08 (+0.10%)
     
  • Bitcoin CAD

    91,059.20
    +124.49 (+0.14%)
     
  • CMC Crypto 200

    1,435.10
    +20.34 (+1.44%)
     
  • GOLD FUTURES

    2,340.70
    -1.40 (-0.06%)
     
  • RUSSELL 2000

    2,002.64
    +35.17 (+1.79%)
     
  • 10-Yr Bond

    4.5980
    -0.0250 (-0.54%)
     
  • NASDAQ futures

    17,733.50
    +126.75 (+0.72%)
     
  • VOLATILITY

    15.69
    -1.25 (-7.38%)
     
  • FTSE

    8,044.81
    +20.94 (+0.26%)
     
  • NIKKEI 225

    38,410.34
    +858.18 (+2.29%)
     
  • CAD/EUR

    0.6833
    -0.0003 (-0.04%)
     

Why the US GDP Could Improve in 2018

Why the US GDP Could Improve in 2018

The US Bureau of Economic Analysis’s recently released advance estimate for 4Q17’s GDP indicates that the US economy grew 2.6% during the quarter, considerably lower than 3Q17’s growth of 3.2%. While markets (SPY) grumbled about the decline in economic growth, the decline should not be a reason to worry. Although GDP growth appears to be below 3%, recent macroeconomic data from the US suggests improvement in the economy.