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Stock impact report

US GDP Report Set to Highlight Immigration-Driven Economic Boom [Yahoo! Finance]

Goldman Sachs Group, Inc. (The) (GS) 
Last goldman sachs group, inc. (the) earnings: 4/15 07:30 am Check Earnings Report
US:NYSE Investor Relations: goldmansachs.com/investor-relations
Company Research Source: Yahoo! Finance
(Bloomberg) -- Initial data on US gross domestic product for the first quarter of 2024 is set to confirm an ongoing economic boom amid a tailwind from surging immigration. Most Read from Bloomberg Biden's Gains Against Trump Vanish on Deep Economic Pessimism, Poll Shows Zuckerberg Asks for Patience After Meta's AI Push Irks Investors Taylor Swift Is Proof That How We Critique Music Is Broken Tech Giants Hit in Late Hours After Meta's Outlook: Markets Wrap Malaysia in Talks With Tycoons on Casino to Revive $100 Billion Forest City The figures, to be published Thursday by the Bureau of Economic Analysis, will probably show GDP rose at a 2.5% annualized rate over the first three months of the year, according to the median estimate in a Bloomberg survey. Consumer spending is seen advancing 3%. While both estimates would mark a step down from growth rates in the previous quarter, they would lead to an acceleration in GDP growth on a four-quarter basis, to the fastest pace Show less Read more
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