Third Estimate 4Q2012 GDP Is Economic Expansion of 0.4%, Corporate Profits Up

Written by Doug Short and Steven Hansen The third estimate of fourth quarter 2013 Real Gross Domestic Product (GDP) is now a positive 0.4%. The market expected the third estimate 4Q2012 GDP at +0.3%. If one wants to pick a single reason for improvement of GDP between the advance and second estimate – it is …

Second Estimate 4Q2012 GDP Is Economic Expansion of 0.1%

Written by Doug Short and Steven Hansen The second estimate of fourth quarter 2013 Real Gross Domestic Product (GDP) is now a positive 0.1%. The market expected the second estimate 4Q2012 GDP at +0.1% to 0.5%. If one wants to pick a single reason for improvement of GDP between the advance and second estimate – …

USA Productivity: Strange Contraction In Growth

USA 1Q2011 productivity growth is weak. All trends point to less productivity growth going forward. Business seems to have returned to business of the past. A key to the projections of increased manufacturing in the U.S. is keyed on superior productivity. The latest data raises the question of where productivity may be going.