February 15, 2020 / 2:40 AM / 12 days ago

White House economic adviser says coronavirus outbreak could 'maybe' impact U.S. GDP in first quarter

FILE PHOTO: Director of the National Economic Council Larry Kudlow speaks to reporters inside the Brady Press Briefing room at the White House in Washington, U.S., February 13, 2020. REUTERS/Tom Brenner

WASHINGTON (Reuters) - White House economic adviser Larry Kudlow said on Friday the coronavirus outbreak in China could “maybe” knock two- to three-tenths of a percent off U.S. GDP in the first quarter.

“We’re thinking maybe in the first quarter we lose ... two or three tenths of one percent of GDP,” the National Economic Council director said in an interview on Fox Business Network.

Reporting by Makini Brice and Chris Prentice; Editing by Sonya Hepinstall

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