Strong GDP growth, weak fundamentals
Strong, gDP growth with weak fundamentals, econbrowser
Strong, gDP, growth with, weak, fundamentals N ) slipped.84 percent. Looking ahead, growth should remain near.0 annualized pace in the second half of the year, but an escalation in trade tensions could push that estimate down. Permits for the construction of single-family homes decreased.2 percent in March after scaling a more than eight-year high in February. China now appears to be splitting the difference. Last months drop in starts pointed to a moderation in housing market activity and mirrors other reports on business spending, industrial production, trade, inventory investment and retail sales that have suggested economic growth stalled in the first quarter.