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Will the US GDP be negative in 2019 Q3?

In the Cass Freight Index Report, it indicates that the US GDP will come close to being negative in Q3. If it does not, continued weakness in the Cass Shipments Index should result in a negative GDP in Q4. However, the GDPNow model estimate is 2.2% for 2019 Q3.

#GDP #economic #investment #tariff #stock
Source: The Cass Freight Index Report, Federal Reserve Bank of Atlanta

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