Filed in GDP
Thursday, November 07, 2013
The United States Department of Commerce said this week that the advance estimate for third quarter GDP is 2.8 percent, up from 2.5 percent in the second quarter. Some estimates pegged the GDP number to come in roughly 0.5 percent less than it would have, had there not been a shutdown. On the surface, it is fair to assume that number is not terrible, given the many head fakes thrown at consumers in this new and apparently permanent era of government dysfunction.
Friday, July 27, 2012
Looking at GDP data, it is pretty clear what is happening. Consumers are uneasy about making non-essential purchases—and with good reason.
Thursday, May 31, 2012
Earlier today, the United States Department of Commerce’s Bureau of Economic Analysis released its second estimate for first quarter real gross domestic product (GDP), which checked in at 1.9 percent. This is short of the fourth quarter’s 3.0 percent and also short of the advance estimate for the first quarter, which was 2.2 percent.
Wednesday, March 14, 2012
The SCI dropped 0.2 points in January, the most recent month for which data is available, to -4.8, said FTR. The firm describes the SCI as an indicator that sums up all market influences that affect shippers
Posted on 03/14 at 10:38 AM
FTR Associates •
Wednesday, February 29, 2012
Positive signs regarding the economy remain intact with today’s news from the Department of Commerce which indicated that fourth quarter GDP was up at an annual rate of 3.0 percent. This is the second estimate for the fourth quarter released by Commerce, and it represents a nice sequential gain, too, as third quarter GDP rose only 1.8 percent by comparison.
Posted on 02/29 at 11:17 AM
Thursday, October 27, 2011
Earlier today, the Department of Commerce announced that U.S. Gross Domestic Product (GDP) rose by 2.5 percent in the third quarter. This is a good sign but it should not even begin to suggest that happy days are here again.
Wednesday, June 08, 2011
The PCI has not seen growth since being up 2.7 percent in March and has been down sequentially in eight of the last 12 months. And it was flat year-over-year, snapping a streak of 17 consecutive months of annual growth.
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Friday, October 29, 2010
Waiting for me in my ridiculously crowded inbox this morning was an e-mail from the U.S. Bureau of Economic Analysis, which informed me that economic activity—i.e. the Gross Domestic Product—in the third quarter grew at a rate of 2 percent.