-
It's a 2% growth world
From scottgrannis.blogspot.com
The second revision to Q1/23 GDP growth came in slightly stronger than expected: 1.3% vs 1.1%. Both those numbers are annualized, so actual growth in the quarter was a mere 0.32%. Inflation, according to the GDP deflator (the broadest and most inclusive measure of inflation) was also a bit higher than expected: 4.2% vs 4.0% (annualized). Since last summer, inflation economy-wide has fallen by more than half from a high of 9.0%. Also released today were estimates of corporate profits for the first quarter, and these were somewhat disappointing, having fallen from a high of 10% of GDP last summer to now 8.7% of GDP. In ... (full story)
- Comments
- Subscribe
-
- Older Stories
From collabfund.com|May 25, 2023I live in Seattle, and Amazon is our giant. A third of my neighbors work for the company. When Amazon was on top of the world in 2021 – reputation gleaming, stock price booming – ...
From macrobond.com|May 25, 2023With inflation in focus, we have generated a forecast for US personal consumption expenditures (PCE) with Indicio. Indicio is an automated, machine-learning platform that allows ...
From cnbc.com|May 25, 2023AI-themed cryptocurrencies got a lift Thursday from excitement around Nvidia and its increasing demand for chips that power artificial intelligence applications. SingularityNET ...
-
- Newer Stories
From fxempire.com|May 25, 2023On Thursday, bitcoin (BTC) rose by 0.58%. Partially reversing a 3.30% slide from Wednesday, BTC ended the day at $26,498. Significantly, BTC revisited sub-$26,000 for the first ...
From esrb.europa.eu|May 26, 2023The European Systemic Risk Board (ESRB) has today published a report outlining the systemic implications of crypto markets and proposing policy options to address the risks ...
From bis.org|May 26, 2023A group of central banks, together with the Bank for International Settlements, are working together to explore central bank digital currencies (CBDCs) for the public ("general ...
- Story Stats
- Posted: May 25, 2023 10:55pm
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 1,141
- Linked events:
