NDR Signals

NDR: GDP Downside Surprise

Written by Ned Davis Research | Apr 30, 2024 5:57:32 PM

The numbers are out and they're not quite as strong as expected. According to Alejandra Grindal, our Chief Economist, it's not as bad as we thought.

She remarks, "The headline number surprised to the downside, however, net exports and inventories were mostly to blame. Overall, domestic demand remains strong."

Check out the interview on BNN Bloomberg to hear how this could impact the economy, click here.