The bank's economists said in a research note they left their outlook on the U.S. gross domestic product in the second quarter at 3.0 percent.
(Reporting by Richard Leong; Editing by Chizu Nomiyama)
NEW YORK (Reuters) - J.P. Morgan on Thursday pared its estimate on U.S. economic growth to a 0.3 percent annualized rate in the first quarter from a 0.4 percent pace following weaker-than-expected data on durable goods orders and advance data on the goods trade balance in March.
The bank's economists said in a research note they left their outlook on the U.S. gross domestic product in the second quarter at 3.0 percent.
(Reporting by Richard Leong; Editing by Chizu Nomiyama)
1st Jan change | Capi. | |
---|---|---|
+10.60% | 291B | |
+12.04% | 250B | |
+21.78% | 209B | |
+17.11% | 171B | |
+11.40% | 169B | |
+11.01% | 164B | |
+3.27% | 143B | |
-11.10% | 139B | |
+3.07% | 127B |