Home Banking US economy grew by a mere 0.2% in Q1 (29 April 2015)

US economy grew by a mere 0.2% in Q1 (29 April 2015)

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Dr. Platon Monokroussos,  Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A

Dr. Platon Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A

According to the advance estimate of the US Bureau of Economic Analysis (BEA), 1 real GDP growth rose by a mere 0.2% q-o-q saar in Q1 2015 from 2.2% in the final quarter of 2014, disappointing consensus expectations of 1.0% (Figure 1).

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GLOBAL FOCUS NOTE_APRIL 29_Q1GDP

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