PMA Asset Management’s 2017 market outlook called for improved returns for short-term investors and limited returns in the fixed income market with higher prospective returns for U.S.
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INVESTMENT ADVISORY SERVICES: FEATURED MARKET DATA
Steady Economic Growth
The US economy maintained a steady pace of growth during the first quarter. GDP rose at an annual rate of 2.2% driven by business investment and consumer spending. Improvements stemmed from income tax cuts and a strong labor market. Q1 2018 Consumer spending rose 1% following a robust 4% in Q4 2017.
