It'll have to break the 100-month moving average that's proven to be a brick wall for 3 decades. At the current trajectory, the 100-month MA will fall from the current 3.3 percent down to 3.2 percent by the end of 2018.
BEA: Real GDP increased at 1.6% Annualized Rate in Q1
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From the BEA: Gross Domestic Product, First Quarter 2024 (Advance Estimate)
Real gross domestic product (GDP) increased at an *annual rate of 1.6
percent ...
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