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Showing 1 - 10 of 24 results for "GDP report"

US enters recession - or does it?

ANDREW MCKEAN  |  FRIDAY, 29 JUL 2022
... starts, it traditionally waits months after a recession has begun before announcing one. Responding to the second quarter GDP report, US president Joe Biden said: "Coming off of last year's historic economic growth - and regaining all the private ...

Chief economist update: Shopaholics drive US growth

BENJAMIN ONG  |  MONDAY, 29 OCT 2018
... measured by the PCE price index - the Fed's favoured inflation gauge - has yet to accelerate. On the contrary, the GDP report shows that inflation has instead weakened. The PCE price index gained 1.6% in the year to the September quarter, down from ...

Chief economist update: Another five minutes of sunshine?

BENJAMIN ONG  |  THURSDAY, 7 JUN 2018
... understand the economic backdrop that underpins the performance of their portfolio. The Australian Bureau of Statistic's GDP report contains a treasure-trove of information that not only paints an image of the overall economy, but also informs investors ...

Chief economist update: Australia cruising at low altitude

BENJAMIN ONG  |  THURSDAY, 8 MAR 2018
... understand the economic backdrop that underpins the performance of their portfolio. The Australian Bureau of Statistic's GDP report contains a treasure-trove of information that not only paints an image of the overall economy, but also informs investors ...

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 20 OCT 2016
Australia leading index The future's looking good for Australia. This is the indication from the latest reading of the Westpac/Melbourne Institute leading index of economic activity. The six month annualised growth rate in the index - "which indicates ...

RBA cuts as expected, A$ does the unexpected

BENJAMIN ONG  |  WEDNESDAY, 6 MAY 2015
... GDP growth in the first quarter certainly argues against a sooner-rather-than-later lift off. More so because the US GDP report showed that the strong US dollar contributed to "net exports" contributing the biggest drag on first quarter growth - minus ...

When?

BENJAMIN ONG  |  THURSDAY, 30 APR 2015
... meeting to April's were it not for the five and half hour time lag between the publication of the first quarter 2015 US GDP report (released at 830AM) and its statement (2PM). The FOMC saw that it wasn't good. US real GDP slowed to a mere 0.2% -- and ...

Big yawn on Wall Street

BENJAMIN ONG  |  WEDNESDAY, 26 NOV 2014
... economies, but for a big mature developed economy like the US, it's gangbusters. More so, if you look at the details of the GDP report. The revisions showed added contribution from household consumption - 1.51 percentage points - than initially estimated ...

In with the old, out with the new

BENJAMIN ONG  |  THURSDAY, 29 MAY 2014
... stocks dipped. Guess what the spin du jour was? It's anxiety over what the recalibration of the first quarter US real GDP report would bring tomorrow. Here's Bloomberg's take: Wall Streeters fear that US growth in the March quarter would be revised from ...

Growth and consequence

BENJAMIN ONG  |  MONDAY, 19 MAY 2014
... may have to keep on sweatin' until the September quarter before it acts or not act. Sure, sure, last week's Japanese GDP report showed the economy expanded by 1.5% in the first quarter, or at a 5.9% annualised rate - faster than market estimates for ...
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