U.S. | 4Q15’s 0.7% Pace Closes out 2015 at 2.4%

Summary

Real GDP growth slowed to a 0.7% QoQ SAAR pace in 4Q15, down from 2.0% in 3Q15. Annual investment in mining declined 35%, marking the worst year since 1986. Despite 1Q16’s shaky start, we maintain our expectations for a solid 2.5% pace in 2016

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