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%

Third Estimate 2Q2013 GDP Unchanged at 2.5%, Corporate Profits Revised Down

Written by Doug Short and Steven Hansen The second estimate of second quarter 2013 Real Gross Domestic Product (GDP) remains a positive 2.5%. The market expected GDP at +2.5% to 2.6%. This data point was 1.7% in the advance GDP estimateĀ and 2.5% in the second estimate.

Second Estimate 2Q2013 GDP Revised Up to 2.5%, Corporate Profits Up Also

Written by Doug Short and Steven Hansen The second estimate of second quarter 2013 Real Gross Domestic Product (GDP) is now a positive 2.5%. The market expected GDP at +2.1%. This data point was 1.7% in the advance GDP estimate.

Advance Estimate 2Q2013 GDP Is 1.7%* (*new GDP baseline)

Written by Doug Short and Steven Hansen The advance estimate of first quarter 2013 Real Gross Domestic Product (GDP) grew a positive 1.7% – up from a completely revised GDP database (discussed herein). The market expected the advance estimate 2Q2013 GDP at -0.7% to +1.1%. 1Q2013 GDP has been revised down from 1.8% to 1.1%.

Nasty Surprise: Third Estimate 1Q2013 GDP Revised Down to1.8%

Written by Doug Short and Steven Hansen The third estimate of first quarter 2013 Real Gross Domestic Product (GDP) is now a positive 1.8%. The market expected the third estimate 1Q2013 GDP at +2.4%. The If one wants to pick a single reason for decline of GDP between the second and third estimate – lower …