Robust GDP growth masks weak supply chain sector

The United States economic figures underscore a modestly growing economy with sustained job growth. Although jobless claims in the country climbed by 11,000 to 276,000 in late March compared to consensus estimates of 268,000, hiring, according to government stats, should remain healthy for some time as it has been for the past five years.

While the numbers are not especially robust, the U.S. economy continues to grow as well. Most recently, gross domestic product (GDP) figures were revised higher than previously estimated for the Q4 to 1.4 per cent, while other key economic data point up a U.S.

Last modified onMonday, 25 April 2016 03:12