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Economic Release Snapshot: US Economic Growth Beats Expectations

From blog.commonwealth.com

Each week, we break down the latest U.S. economic reports, including what the results mean for the overall health of the economy. Here, you will find how economists’ forecasts compare with actual results, key takeaways to consider, as well as a list of what’s on tap for the week ahead. Reports for the Week of January 22: Fourth-quarter GDP growth, advance estimate (Thursday). Expected/prior quarter annualized GDP growth: +2.0%/+4.9% Actual annualized GDP growth: +3.3%. The economy grew more than expected in the fourth quarter, supported by better-than-expected personal consumption growth. This result capped off a ... (full story)

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  • Category: Fundamental Analysis