US Gross Domestic Product, 1st quarter 2014 (advance estimate)

US Gross Domestic Product, 1st quarter 2014 (advance estimate)

From bea.gov

Real gross domestic product -- the output of goods and services produced by labor and property located in the United States -- increased at an annual rate of 0.1 percent in the first quarter (that is, from the fourth quarter of 2013 to the first quarter of 2014), according to the "advance" estimate released by the Bureau of Economic Analysis. In the fourth quarter, real GDP increased 2.6 percent. The Bureau emphasized that the first-quarter advance estimate released today is based on source data that are incomplete or subject to further revision by the source agency (see the box on page 3 and ... (full story)

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Apr 30, 2014 7:40am

Quoting Marsfx

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Xaxaxaxaxaxaxaxax estimate of 0.1% growth...Do you want to bet the how much will be the revised number???

Ignored

I'm not that much in following fundies, when is the revision due?

Marsfx

Apr 30, 2014 7:37am

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Come on guys.. Can you tell me how is it posible the annuallized GDP (preliminary estimate to be 0.1%) while the GDP Index Q1 to be at 1.3%. The presonal consumtion expentitures at 1,4% (up from 1.1%) and the CORE personal consuption expentiture at 1,4% higher than expected????????