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0.000380445120791385 9.51112801978801E-05 0.000597298839642476 0.00228267072474791 0.00152178048316527 0.00266311584553929 0.0029484496861328 0.00342400608712193
Stock impact report

JP Morgan economists now see the economy growing at just 1.5% pace this quarter [CNBC]

JP Morgan Chase & Co. (JPM) 
Last jp morgan chase & co. earnings: 4/14 06:43 am Check Earnings Report
Company Research Source: CNBC
JP Morgan economists now see the economy growing at just 1.5% pace this quarter Luke Sharrett | Bloomberg | Getty Images Workers assemble washing machines at the Whirlpool Corp. manufacturing facility in Clyde, Ohio, U.S. on signs of slowing business spending. The economists had expected fourth quarter growth at 1.6 percent, but revised it lower to 1.4 percent, after Thursday's release of December durable goods, which was up 1.2 percent on the headline, due mostly to a big gain in aircraft orders. But the JPMorgan economists said the fact that core capital goods orders, in the report, moved down 0.7 percent in December means real annualized capital goods spending growth was close to zero in the fourth quarter and they expect just a slight pickup in the first quarter. Many economists still expect fourth quarter growth of just above 2 percent for the quarter Inventory data in the durable goods report was also short of expectations, and JP Morgan economists now see inventories at only $3 Show less Read more
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