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David Berson
Verified
Nav Problems Editor, Ocean Navigator
New Jersey
Beats
Agriculture Agribusiness
Content
By David Berson Verified| Yahoo Finance Verified David W. Berson is chief U.S. economist for Cumberland Advisors. Real GDP growth slowed substantially in the first quarter, down to a 1.4% annualized rate. This was the slowest pace since the second quarter of 2022 and is below most estimates of trend growth. With that diminutive growth, is the long-heralded recession finally about to appear? Probably not. · “Core” growth (real final sales to private domestic purchasers) edged down only slightly to an annualized rate of 2.6%.
By David Berson Verified| Yahoo Finance Verified David W. Berson is chief U.S. economist for Cumberland Advisors. Real GDP growth slowed substantially in the first quarter, down to a 1.4% annualized rate. This was the slowest pace since the second quarter of 2022 and is below most estimates of trend growth. With that diminutive growth, is the long-heralded recession finally about to appear? Probably not. · “Core” growth (real final sales to private domestic purchasers) edged down only slightly to an annualized rate of 2.6%.
Company Info
Ocean Navigator
New Jersey, United States
+1 949-973-7745