BEA Boosts GDP Growth Estimate

March 27, 2014 - BEA Revises 4th Quarter 2013 GDP Growth Up Slightly To A 2.64% Annual Rate

by Rick Davis, Consumer Metrics Institute

In their third estimate of the US GDP for the fourth quarter of 2013, the Bureau of Economic Analysis (BEA) reported that the economy was growing at a 2.64% annualized rate, up .27% from the 2.37% growth rate previously reported - but still down sharply (-1.53%) from the 4.19% reported for the 3rd quarter. The improvement in the headline growth came almost entirely from the BEA's reassessment of consumer spending on services (adding .57% to the headline number, mostly from increased spending on health care). 

Full story »

Final March 2014 Michigan Consumer Sentiment at Expectations

March 28th, 2014
in aa syndication, consumer sentiment

by Doug Short, Advisor Perspectives/

The University of Michigan Consumer Sentiment final number for March came in at 80.0, a statically insignificant change from the 79.9 of the preliminary report, but a decline from the 81.6 February final. Today's reading split the difference between the forecast of 80.5 and the forecast of 79.5. The index is off its 85.1 interim high set in July of last year.

Full story »

February 2014 Real Personal Income and Expenditures Have Good Growth

Written by

Both Real Personal Consumption Expenditure (PCE) and Real Disposable Personal Income (DPI) grew equal percentages month-over-month. This is the second month that the growth rates were strong, but expenditures are still outpacing income.

Full story »

Probability Simulations and Flight MH370

March 28th, 2014
in history

by Salil Mehta, Statistical Ideas

Probability simulations help show distributions for both parametric and non-parametric analysis. We will show this below, starting with multi-dimensional random walk. Then we will apply this technique and integrate Bayesian likelihood analysis, connected to a spherical map.

Full story »

February 2014 Pending Home Sales Data Again Bad

Written by

The pending home sales index for February 2014 was released by the National Association of Realtors (NAR) today, and our analysis suggests that March 2014 existing home sales again may not be good.

Full story »

<< Previous Page 1 ... 301 302 303 304 305 306 307 308 309 310 311 312 Next Page >>

Make a Comment

Econintersect wants your comments, data and opinion on the articles posted. You can also comment using Facebook directly using he comment block below.



Analysis Blog
News Blog
Investing Blog
Opinion Blog
Precious Metals Blog
Markets Blog
Video of the Day


Asia / Pacific
Middle East / Africa
USA Government

RSS Feeds / Social Media

Combined Econintersect Feed

Free Newsletter

Marketplace - Books & More

Economic Forecast

Content Contribution



  Top Economics Site Contributor TalkMarkets Contributor Finance Blogs Free PageRank Checker Active Search Results Google+

This Web Page by Steven Hansen ---- Copyright 2010 - 2017 Econintersect LLC - all rights reserved