US GDP: slacking off but let’s not get too dramatic
First quarter GDP in the US rose 2.2 per cent, coming in slightly under estimates for a 2.5 per cent increase and well below the 3 per cent recorded in the last quarter of 2011....
The missing GDP
If you’re keen for yet another post comparing the US recovery against prior editions, we think this table sent by Credit Suisse on Friday is worth a quick look:It shows...
Q4 GDP increased 2.8%
Accelerating recovery or a winter head fake? Who knows, but the advance estimate for Q4 real GDP growth was 2.8 per cent after third quarter growth of 1.7 per cent. Consensus expectations...
US GDP fails in the past, present and futures
As if Friday wasn’t going to be messy enough, advance second quarter US GDP results have disappointed on the downside.The US economy grew at an annualised rate of 1.3...
Hoping history doesn’t repeat itself, US GDP edition
This chart from Dave Altig of the Atlanta Fed is disturbing …… and here’s why:The bottom line of this chart is that there has been a pretty reliable relationship...
[Gavyn Davies] Weekly indicators for the US economy
And, following my earlier post on global growth, here is one on US growth.Vasileios Gkionakis, my colleague at Fulcrum, has been producing weekly estimates for US GDP growth for several years now,...
US Advance Q4 GDP: 3.2 per cent
Fresh out on Friday — details courtesy of Reuters. At 3.2 per cent, the headline is below median expectations but we’ll be digging a little deeper in a bit to get the full story....
US inventory drama
Something of a scrap has broken out between Nouriel Roubini and Clusterstock’s Joe Weisenthal on the back of Friday’s bang-on-expectation Q3 US GDP release.Actually,...
US Q3 GDP results are in, bang on forecast [updated]
The US economy grew exactly as analysts predicted in the third quarter. Though likely not as much as the Federal Reserve wanted.GDP expanded 2 per cent on an annualised basis,...
US Q2 GDP revised to 1.6 per cent
A beat for Ben.US second-quarter GDP growth was revised from 2.4 per cent to 1.6 per cent by the Bureau of Economic Analysis on Friday, above a consensus of 1.4 per cent revised growth....
US GDP comes in below consensus at 2.4 per cent
US GDP grew at an annualised rate of 2.4 per cent in the second quarter, according to Commerce Department data released on Friday. From the release:Real gross domestic product —...
US Q4 GDP shocks to the upside with 5.7% growth
Expectations were running particularly high on this number — analysts were forecasting US growth to have picked by 4.6 per cent in the fourth quarter on an annualised basis,...
