J.P. Morgan pares U.S. first quarter GDP view to 1.75 percent
2019-01-24T20:07:04Z NEW YORK (Reuters) - J.P. Morgan economists reduced their outlook for U.S. economic growth in the first quarter to 1.75 percent from 2.00 percent as the partial U.S. government shutdown has stretched to a second month for the longest one ever, they said on Thursday.
"That estimate solely accounts for the reduction in government sector output and does not incorporate any potential spillover effects into private economic activity.
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