"Atsi Sheth, the chief credit officer at Moody's Ratings, described the economy ahead of the GDP report as 'fragile resilience' because the US isn't in a recession, and both business and consumers are still holding up. However, she said the pillars holding up the economy are increasingly thinning as more shocks emerge."
"Jason Draho, the head of asset allocation for the Americas for UBS Global Wealth Management, noted that the GDP figure was expected to be noisy due to the effects of trade policies. He emphasized focusing on private sector final demand, which ignores inventory effects and net exports that can be volatile."
In the first quarter of 2026, US real GDP increased by 2%, slightly below expectations but higher than the previous quarter. The job market showed mixed results, adding 178,000 jobs in March after a loss in February. Unemployment remains around 4%. The consumer price index rose 3.3% year-over-year, influenced by rising energy prices due to the Iran war. Experts describe the economy as having 'fragile resilience,' with job growth concentrated in healthcare, while other sectors struggle. Trade policies contribute to economic volatility, affecting private sector demand.
Read at www.businessinsider.com
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