-
It's a 2% growth world
From scottgrannis.blogspot.com
The second revision to Q1/23 GDP growth came in slightly stronger than expected: 1.3% vs 1.1%. Both those numbers are annualized, so actual growth in the quarter was a mere 0.32%. Inflation, according to the GDP deflator (the broadest and most inclusive measure of inflation) was also a bit higher than expected: 4.2% vs 4.0% (annualized). Since last summer, inflation economy-wide has fallen by more than half from a high of 9.0%. Also released today were estimates of corporate profits for the first quarter, and these were somewhat disappointing, having fallen from a high of 10% of GDP last summer to now 8.7% of GDP. In ... (full story)
- Comments
- Subscribe
-
- Older Stories
-
From collabfund.com|May 25, 2023I live in Seattle, and Amazon is our giant. A third of my neighbors work for the company. When Amazon was on top of the world in 2021 – reputation gleaming, stock price booming – ...
-
From macrobond.com|May 25, 2023With inflation in focus, we have generated a forecast for US personal consumption expenditures (PCE) with Indicio. Indicio is an automated, machine-learning platform that allows ...
-
From abs.gov.au|May 25, 2023Key statistics The April 2023 seasonally adjusted estimate: Remained relatively unchanged 0.0% month-on-month. Rose 4.2% compared with April 2022. Total retail turnover charts ...
-
- Newer Stories
-
From channelnewsasia.com|May 25, 2023Japanese Finance Minister Shunichi Suzuki said on Friday after the yen fell to a six-month low against the dollar that currency rates should be set by markets based on economic ...
-
From rbnz.govt.nz|May 26, 2023LVR restrictions promote financial stability by limiting high-risk mortgage lending. This is done with the aim of reducing the impact and severity of housing market corrections by ...
-
From fxempire.com|May 26, 2023It is a busy Friday session for the GBP/USD. UK retail sales figures for April will be in focus. Following the pickup in core inflation, we expect increased sensitivity to the ...
- Story Stats
- Posted: May 25, 2023 10:55pm
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 668
- Linked events:
