The advanced Q1 2023 GDP numbers show that the U.S. economy grew an annualized 1.1%, down from 2.6% in Q4 2022.
Heading into the holiday season, we'll see if consumers continue to spend at high levels, or if higher prices, higher interest rates and lower savings create a drag on sales.
Interest rate hike, flat unemployment rate, strong job growth are just a few of the trends we are following in the Commercial Pulse Report.