Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1 - 10 of 18 results for "US National Accounts"

Chief economist update: Not yet time to make a change

BENJAMIN ONG  |  FRIDAY, 30 APR 2021
... strengthened. The sectors most adversely affected by the pandemic remain weak but have shown improvement". The US National Accounts released the day after backs up the Fed's statement. Preliminary estimates showed that the US economy expanded at ...

Chief economist update: A tiny bug takes down the largest economy

BENJAMIN ONG  |  FRIDAY, 31 JUL 2020
"Toto, I've a feeling we're not in Kansas anymore." - Wizard of Oz Data revealed in the latest US National Accounts gave meaning to declarations that we are living in unprecedented times. Some would be concerned, but most would understand, reading ...

Chief economist update: US economic growth is slowing and accelerating

BENJAMIN ONG  |  FRIDAY, 1 MAR 2019
... same year. However, most other economies use the year-on-year growth rate and applying this to the latest US National Accounts update, America's economy continues to power on. US GDP grew by 3.1% in the year to the December 2018 quarter, up from ...

Chief economist update: Shopaholics drive US growth

BENJAMIN ONG  |  MONDAY, 29 OCT 2018
... second quarter) due largely to a drop in US soybean exports to China. The inflation measures embedded in the US National Accounts would surely give President Donald Trump more ammunition on his verbal attack on the US Federal Reserve. This is because ...

Chief economist update: US inflation hits target

BENJAMIN ONG  |  MONDAY, 2 JUL 2018
... from the biggest contributor to US GDP growth (70%) in the second quarter. Recall that the first quarter US National Accounts showed the contribution from personal consumption expenditures to growth in March quarter dropped to just 0.6 percentage points ...

Chief economist update: The angel in the details

BENJAMIN ONG  |  MONDAY, 29 JAN 2018
... the December 2017 quarter and not looking forward to what lies ahead. The angel is in the details of the US National Accounts. Personal consumption expenditures - that which accounts for around 70% of the economy -- was strong, very strong. It contributed ...

Powered by low-flation

BENJAMIN ONG  |  MONDAY, 31 JUL 2017
... looking beyond the earnings and economic growth figures for June. Trump uncertainty aside, the details of the US national accounts indicate that the going will remain good. Personal consumption expenditure - that which accounts for around 70% of the ...

Another 'should have gone shopping' moment

BENJAMIN ONG  |  MONDAY, 31 OCT 2011
... 2007 peak. This is what we, economists, call economic expansion. You want more? Look at the details of the US National Accounts. Real consumer spending jumped by 2.4% from 0.7% in the second quarter. No, that couldn't be? Not when confidence is down ...

Weak old news

BENJAMIN ONG  |  WEDNESDAY, 4 AUG 2010
... of second quarter real GDP growth, haven't we already seen these numbers in one form or another when the US National Accounts report was released last week? Wall Street knows this. These are known knowns. They don't change the view that while the US ...

Which way USA

BENJAMIN ONG  |  MONDAY, 2 AUG 2010
... There was none! Wall Street closed flat as a pancake over the weekend. And we were all hoping that the latest US National Accounts would settle the tug-o-war among tea leaves readers. It was pretty but perhaps, it was not pretty enough. More... it created ...
PAGE:
1
PREVIOUS
NEXT