Nowcast's forecast for US retail sales shows a rebound in spending in March. The NOWCast model predicts that the US PCE inflation rate will fall to 2.2% in March. The NOWCast model predicts that the US GDP growth rate in the first quarter will slow to 0.9% after being converted to an annualized rate.

Nowcast's forecast for US retail sales shows a rebound in spending in March. The NOWCast model predicts that the US PCE inflation rate will fall to 2.2% in March. The NOWCast model predicts that the US GDP growth rate in the first quarter will slow to 0.9% after being converted to an annualized rate.