Podcast: US economy’s solid ground despite Q1 GDP slowdown
Discover valuable perspectives on Q1 GDP data insights from Nationwide's Senior Economist Ben Ayers and Economist Daniel Vielhaber.
Cycle Watch | February 2024: Economy is gaining speed in 2024
February 29, 2024
By Mark Hackett
By Ben Ayers
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The economy added 353,000 jobs in January, far more than expected. These stronger-than-expected figures came after December’s figure was revised sharply higher. While this current pace is unstainable, ongoing labor market resilience could complicate or delay the Fed’s intention to start cutting interest rates later this year.
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