Tag Archives: GDP

2014Q3 GDP, Federal Reserve Policy Announcement, October UI Claims

The End of the World Is Over, Solid Data Trumps Market Jitters Real Gross Domestic Product increased at a 3.5 percent annualized rate in 2014Q3. The Federal Reserve ends balance sheet expansion, another step in the pivot. Initial Claims for … Continue reading

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2014Q2 GDP, July ADP Employment

Inventory Rebound Propels Q2 GDP, Job Growth Continues Real Gross Domestic Product growth for 2014Q2 was stronger than expected at 4.0 percent. Inventories rebounded after a weak first quarter, adding 1.7 percent to real GDP growth, not sustainable. Real Consumer … Continue reading

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Comerica Economic Weekly

It was a fairly quiet week for U.S. economic data with one loud exception. The Bureau of Economic Analysis announced a sizeable downward revision to their estimate of 2014Q1 real GDP growth. The first estimate of Q1 GDP growth showed … Continue reading

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2014Q1 GDP, April ADP Jobs, February House prices

As Expected, First Quarter GDP Clunker, Second Quarter Metrics Solid Real Gross Domestic Product growth was barely positive at a 0.1 percent annualized rate. The ADP Employment Report for April showed a solid gain of 220,000 private-sector jobs for the … Continue reading

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2013Q2 GDP, August Durable Goods, New Home Sales, Sept. Claims

So-So Data Fails to Vanquish Lingering Uncertainty Real Gross Domestic Product increased at a 2.5 percent annualized rate in 2013Q2 in the third estimate. New Orders for Durable Goods increased by 0.1 percent in August. Sales of New Homes bounced … Continue reading

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2013Q2 GDP, July ADP Employment

Good News and Bad News: Current Data Better Than Expected but History Revised Down Real Gross Domestic Product increased at a better-than-expected 1.7 percent annualized rate in 2013Q2. Real Consumer Spending increased at a moderate 1.8 percent annual rate in … Continue reading

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December International Trade, Q4 Productivity, January UI Claims

         Positive December Trade Data Expected to Erase Negative on Q4 GDP The U.S. International Trade gap narrowed more than expected in December to -$38.5 billion. Nonfarm Productivity declined at a 2.0 percent annual rate in Q4 due to nonrepeating … Continue reading

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2012Q4 GDP and Federal Reserve Policy Announcement

Q4 Real GDP Contracts Slightly, Monetary Policy Stays on Course Real Gross Domestic Product decreased slightly at a -0.1 percent annualized rate in 2012Q4. The drag came from inventories and Federal defense spending. Consumer spending, business fixed investment and residential … Continue reading

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