2024-04-26 Economy
|
US Economy Growth slowed in Q1 of 2024
|
[BEA] Real gross domestic product (GDP) increased at an annual rate of 1.6 percent in the first quarter of 2024, according to the "advance" estimate released by the Bureau of Economic Analysis. In the fourth quarter of 2023, real GDP increased 3.4 percent.
[This is an initial estimate. There will be adjustments. The next adjustment will be at the end of May.]
Personal saving was $755.7 billion in the first quarter, compared with $815.5 billion in the fourth quarter. The personal saving rate; personal saving as a percentage of disposable personal income; was 3.6 percent in the first quarter, compared with 4.0 percent in the fourth quarter.
[Unfortunately CPI growth isn't coming down quickly so this is unlikely to lead to a decrease in the Fed Fund rate in the near term]
|
Posted by Lord Garth 2024-04-26 00:00||
||
Front Page|| [142 views ]
Top
|
Posted by crazyhorse 2024-04-26 01:32||
2024-04-26 01:32||
Front Page
Top
|
Posted by NN2N1 2024-04-26 01:45||
2024-04-26 01:45||
Front Page
Top
|
Posted by Dale 2024-04-26 07:27||
2024-04-26 07:27||
Front Page
Top
|
|
18:22 Lord Garth
17:54 Gliling tse Tung9582
16:49 Abu Uluque
16:35 Procopius2k
16:31 Procopius2k
16:29 Procopius2k
16:27 Procopius2k
16:21 Dale
16:00 Tom
15:55 jpal
15:53 Tom
15:49 Grom the Reflective
15:48 jpal
15:46 jpal
15:36 49 Pan
15:30 49 Pan
14:59 Airandee
14:55 Besoeker
14:54 Besoeker
14:54 Airandee
14:53 magpie
14:51 Besoeker
14:49 NoMoreBS
14:49 magpie
|