ICYMI – Morgan Stanley raised its 2023 US GDP forecast to 1.3% (previously at 0.6%)

<p>I posted last week on Morgan Stanley jacking their GDP forecast much higher:</p><ul><li><a href="https://www.forexlive.com/news/morgan-stanley-revise-their-us-gdp-forecast-to-13-from-06-citing-biden-boom-20230721/" target="_blank" rel="follow" data-article-link="true">Morgan Stanley revise their US GDP forecast to +1.3%, from +0.6%, citing Biden Boom</a></li></ul><p>The forecast got another run overnight, with MS looking for 1.3% y/y (from 0.6%). Analysts at the bank say they expect a 'comfortable' soft-landing for the US economy.</p><p>If you check out that link above it points to infrastructure as a key to growth, non-residential and public investments leading the way. </p>

This article was written by Eamonn Sheridan at www.forexlive.com.