Barclays sees stronger U.S. first-quarter GDP after goods trade data
Reuters
Published Mar 28, 2017 11:02AM ET
Barclays sees stronger U.S. first-quarter GDP after goods trade data
NEW YORK (Reuters) - Barclays (LON:BARC) economists on Tuesday raised their view on U.S. economic growth in the first quarter to 1.6 percent from 1.2 percent after government data showed a larger-than-forecast narrowing of the goods trade in February.
U.S. trade deficit in goods shrank to $64.8 billion in February from $68.8 billion in January. Barclays economists had projected a deficit of $68.0 billion last month.
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Written By: Reuters
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