Inflation is falling, growth is hesitant Economic Outlook - June 2023
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United States
The American economy has been losing momentum for several months due to waning domestic demand, in spite of a rebound in household consumption at the beginning of 2023. Thus, GDP growth slowed to +0.3% in Q1 2023 (after +0.6% in Q4 2022), hampered in particular by the very negative contribution of changes in inventories (-0.5 points) resulting from another fall in manufacturing output (-0.2% in Q1, after -0.8%) and in spite of a rebound in household consumption...
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Paru le :26/06/2023