Free Trial

Pullback Considered Corrective


Corrective Cycle


Corrective Bounce


Short-Term Trend Needle Points South

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access

MNI PREVIEW BRIEF: US Q1 GDP Seen +6.9% on Consumers, Fiscal

MNI (Washington)

U.S. Q1 GDP figures due Thursday at 830am EST will likely show a 6.9% annualized growth rate as government aid, job growth, and widely available vaccines boost consumer spending. That follows an annualized 4.3% in the final quarter of 2020.

Industry sources have also told MNI that the vaccine rollout and fiscal stimulus are leading to a surge of demand and hiring. The Fed on Wednesday added some more optimistic language to its latest statement, citing similar factors.

Still, winter storms in February likely put some downward pressure on GDP growth, as did exports, which continued to struggle due to global demand and supply chain constraints. Some analysts lowered their forecasts Wednesday after the Census Bureau reported a wider-than-expected March trade gap of -USD90.6 billion.

MNI Washington Bureau | +1 202-371-2121 |
MNI Washington Bureau | +1 202-371-2121 |

To read the full story

Why Subscribe to


MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.