After having been a big factor behind the strong rise in GDP in the first quarter, April’s international trade data suggest that net exports won’t be as supportive in the second quarter. So just one day after the release of the 1.0% q/q rise in GDP, the evidence suggests that growth may have already peaked.
Subscriber content
Read this in full, free
Start a free trial and use one of your 10 free starter credits to unlock this piece.