GDP USA

All growth numbers are quarter-over-quarter annualized:

  • Advance Q4 GDP reading was +2.3%
  • Q3 GDP was +2.8%
  • Final sales +3.2vs +3.2% advance
  • Consumer spending +4.2% vs +4.2% advance

Inflation numbers:

  • GDP deflator +2.4% vs +2.2% expected
  • Core PCE +2.7%vs +2.5% expected
  • PCE prices prelim +2.4% vs +2.3% advance
  • PCE service excluding energy and housing +3.5% vs +3.3% in Q3

Contributors and subtractors:

  • Consumption: % vs +2.82% prior
  • Government: % vs +0.42% prior
  • Net International trade: % vs +0.04% prior
  • Inventories: % vs -0.93% prior
Source: Forex Live