Day

February 1, 2023

Multiple economic data points decelerated in the fourth quarter and have difficult comparison sets in the first quarter of 2023, increasing the likelihood that the economy continues to decelerate to start 2023.

The last of the major 2022 economic data is being reported in January, including the quarterly GDP report.  It can be helpful to review how the year ended compared to how it started and evaluate the comparison set for the coming quarter.  This can be used as a gauge for how first quarter data is...
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