Details:
- Advance Q4 GDP reading was +2.3%
- Second reading was +2.3%
- Q3 GDP was +2.8%
- Final sales % vs +3.2% second reading
- Consumer spending % vs +4.2% second reading
Inflation numbers:
- GDP deflator % vs +2.4% second reading
- Core PCE % vs +2.7% second reading
- PCE prices prelim % vs +2.4% second reading
- PCE service excluding energy and housing % vs +3.5% in second reading
Contributors and subtractors:
- Consumption: % vs +2.79% advance
- Government: % vs +0.49% advance
- Net International trade: % vs +0.12% advance
- Inventories: % vs -0.81% advance
This article was written by Adam Button at www.forexlive.com.
#final #GDP #expected #Forexlive
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