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Showing 31 - 40 of 78 results for "US GDP"

Consumer-powered

BENJAMIN ONG  |  TUESDAY, 31 JAN 2017
... confirmed the indications from last week's National Accounts that the consumer remains the economy's major driving force. US GDP growth expanded at an annual rate of 1.9% in the fourth quarter with the 2.5% growth in personal consumption contributing ...

Economic Wrap

BENJAMIN ONG  |  WEDNESDAY, 30 NOV 2016
US GDP Today's data releases out of the US all but strengthens expectations for a December Fed rate hike. The Bureau of Economic Analysis upgraded US third quarter GDP growth to an annualised rate of 3.2% from the advance estimate of 2.9% and 1.4% in ...

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 30 SEP 2016
US GDP The final estimate of US real GDP showed the economy expanding at an annualised rate of 1.4% in the second quarter. This represents an upgrade from the second estimate's 1.1% growth and better than expectations for a 1.3% gain. While personal ...

Economic Wrap

BENJAMIN ONG  |  WEDNESDAY, 29 JUN 2016
US GDP The Bureau of Economic Analysis' (BEA) third estimate of the US economy showed that real GDP grew at an annualised rate of 1.1% in the first quarter of this year. This is higher than market expectations for a 1.0% growth and an upgrade from the ...

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 29 APR 2016
... and transactions' (up 5.3%) - out of 10 of the export price index's major groups registered gains over the March quarter. US GDP The advanced estimate of US first quarter GDP confirmed the slowing momentum earlier indicated by earlier stats on economic ...

Consumer (un)confidence

BENJAMIN ONG  |  WEDNESDAY, 24 FEB 2016
... flatline, no probs for it accounts for only a small portion of the economy. Not so for consumers - they make up nearly 70% of US GDP. And their mood dictates their spending. Happy consumers spend happily, supporting economic growth. Unhappy ones stay ...

Six point five is PM Li's new like

BENJAMIN ONG  |  FRIDAY, 30 OCT 2015
... immortal refrain from Simon & Garfunkel's hit song 'El Condor Pasa',"Yes I would, if I only could, I surely would". The latest US GDP growth numbers add to the list of "couldn't". Real GDP grew at annual rate of 1.5% in the third quarter from 3.9% in ...

Labour market says go, inflation says no

BENJAMIN ONG  |  MONDAY, 7 SEP 2015
... and is heading towards the lower end of the Fed's 5.0% - 5.3% range predicted in June. This is consistent with the recent US GDP update that showed the US economy growing above trend at 3.7% annualised rate in the June quarter. Those expecting a hold ...

Watching out for the Hole

BENJAMIN ONG  |  FRIDAY, 31 JUL 2015
... S&P 500 index ended basically flat - minus 0.03% and plus 0.003%, respectively. Sure, the headline number showing that US GDP expanded at an annualised rate of 2.3% in the second quarter was less than consensus estimates for a 2.5% print but factor in ...

RBA cuts as expected, A$ does the unexpected

BENJAMIN ONG  |  WEDNESDAY, 6 MAY 2015
... real 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 - ...