A research produced by
First quarter GDP growth was disappointing, but other indicators point to better growth.
The annual pace of housing starts has improved, but is still sub-par compared to prebubble production, at about 1 million units in March through May.
Private demand from businesses and consumers robust, but pace decelerated in 1Q13.
Small business optimism and consumer confidence reached their highest level in 6 years, on 6 quarters of gradual improvement.
Source : Deutsche Asset & Wealth Management
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