Tag Archives: bureau of economic analysis

Third Estimate 3Q2013 GDP Revised Up to 4.1%

Written by Doug Short and Steven Hansen The third estimate of third quarter 2013 Real Gross Domestic Product (GDP) is now a positive 4.1%. The market expected GDP at +3.6% to 3.7%. This data point was 2.8% in the advance … Continue reading

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Personal Income Falls in October 2013

Written by Steven Hansen Real Personal Consumption Expenditure (PCE) was up whilst Real Disposable Personal Income (DPI) was down. You get the feeling from this release that the consumer went on a spending spree without the income to pay for it.

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Second Estimate 3Q2013 GDP Revised Up to 3.6%, Corporate Profits Up Also

Written by Doug Short and Steven Hansen The second estimate of third quarter 2013 Real Gross Domestic Product (GDP) is now a positive 3.6%. The market expected GDP at +3.0% to 3.1%. This data point was 2.8% in the advance … Continue reading

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Personal Income Growth Catches Up to Expenditures in September 2013

Written by Steven Hansen Real Personal Consumption Expenditure (PCE) and Real Disposable Personal Income (DPI) were up. The headline non-inflation adjusted value of PCE and DPI also improved. The indexed growth rate of income has finally caught up with expenditures.

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Advance Estimate 3Q2013 GDP Is Above Expectations

Written by Doug Short and Steven Hansen The advance estimate of third quarter 2013 Real Gross Domestic Product (GDP) grew a positive 2.8%. The market expected the advance estimate 3Q2013 GDP at 1.9% to 2.5%. Growth in 2Q2013 was 2.5%

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