US Real GDP Growth - April 27, 2018
April 27, 2018
US real GDP growth registered 2.3 per cent in the first quarter of 2018, the slowest pace in a year due to a pullback in spending by households that saw consumer spending post its lowest growth in five years. On the positive side, business investment was solid and exports rose nearly 5 per cent. However, US imports of goods and services from other countries grew only 2.6 per cent.
While steady growth in the United States is generally good news for the BC economy, slow growth in US imports and the ad-hoc approach to trade policy under the current administration still present a significant risk for BC's important export sector.
Copyright British Columbia Real Estate Association. Reprinted with permission.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the REBGV, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the REBGV, the FVREB or the CADREB.
Post Your Comment: