Goldman Sachs ups US Q1 GDP forecast to 2.6% y/y
|Heading into the US Q1 GDP data release at 1230 GMT later today, the Goldman Sachs analysts made an upward revision to their first quarter US growth forecasts.
Key Highlights:
US Q1 GDP now bumped up to 2.6% y/y vs. 2.4% previous forecast, citing:
The firm pace of durable inventory growth.
The surprising rebound in commercial aircraft shipments in March.
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