KBRA Releases Research – Slowing U.S. Import Growth: A Harbinger of Change?
NEW YORK--(BUSINESS WIRE)--Feb 4, 2020--
Kroll Bond Rating Agency (KBRA) releases a new report that highlights falling import growth in the U.S., based on U.S. Bureau of Economic Analysis fourth-quarter 2019 GDP data. To the extent that this data point implies a new normal, there could be implications for global growth going forward.
Beyond the Wuhan coronavirus, which is a powerful force shaping the near-term outlook, the recent GDP data also suggests the possibility of steeper downward revisions in global growth that could persist over the medium term.
The key takeaways from the report are:
To view the report, click here.
Related Publications: (available at www.kbra.com )
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KBRA is a full-service credit rating agency registered with the U.S. Securities and Exchange Commission as an NRSRO. In addition, KBRA is designated as a designated rating organization by the Ontario Securities Commission for issuers of asset-backed securities to file a short form prospectus or shelf prospectus. KBRA is also recognized by the National Association of Insurance Commissioners as a Credit Rating Provider and is a certified Credit Rating Agency (CRA) by the European Securities and Markets Authority (ESMA). Kroll Bond Rating Agency Europe Limited is registered with ESMA as a CRA.
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KEYWORD: UNITED STATES NORTH AMERICA NEW YORK
INDUSTRY KEYWORD: BANKING PROFESSIONAL SERVICES FINANCE
SOURCE: Kroll Bond Rating Agency
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PUB: 02/04/2020 12:25 PM/DISC: 02/04/2020 12:25 PM