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Showing 71 - 80 of 302 results for "Real GDP"

Bad news day

BENJAMIN ONG  |  WEDNESDAY, 23 SEP 2015
... 2013. The US Bureau of Economic Analysis (BEA) later estimated that the shutdown took around 0.3% off US fourth quarter real GDP. And that's just the direct impact. And that's when the Fed was still pumping US$85 billion per month into its economy, China ...

The moment of truth cometh

BENJAMIN ONG  |  MONDAY, 14 SEP 2015
... longer-run objective of 2 percent over 2016 and 2017. "The staff viewed the uncertainty around its July projections for real GDP growth, the unemployment rate, and inflation as similar to the average of the past 20 years. The risks to the forecast for ...

Super Mario returns fire

BENJAMIN ONG  |  FRIDAY, 4 SEP 2015
... so because latest available growth and inflation data show that the ECB is not starting from a position of strength. Real GDP growth slowed to 0.3% in the June quarter - when QE was in full swing and before the financial market ructions -- from 0.4% ...

Extensions - What the Greeks await and the Russians hate

BENJAMIN ONG  |  THURSDAY, 25 JUN 2015
... been contracting since the September quarter - with each quarter's contraction deeper than the previous one. Russian real GDP declined by a hefty 1.3% in the March quarter and by 1.9% from a year ago. The EU's extension of sanctions against Russia - ...

Better than the big boys

BENJAMIN ONG  |  WEDNESDAY, 10 JUN 2015
... in comparison to the G-7 countries' economic growth performance in the first quarter of this year. While Australia's real GDP growth of 0.9% in the first quarter surpassed expectations, majority of blokes and sheilas saw the "half-empty glass" year-on-year ...

US data says...

BENJAMIN ONG  |  TUESDAY, 2 JUN 2015
... annualized basis. In addition, if the PMIA(R) for May (52.8 percent) is annualized, it corresponds to a 3 percent increase in real GDP annually." Then there's US construction spending and there's no argument with its indication -- it was strong. Construction ...

Lies, stats and damned double seasonal adjustments

BENJAMIN ONG  |  TUESDAY, 19 MAY 2015
... to 2010 - just did. The San Fran Fed solved "The Puzzle of Weak First-Quarter GDP Growth"! "The official estimate of real GDP growth for the first three months of 2015 was shockingly weak. However, such estimates in the past appear to have understated ...

Good Budget, bad Budget

BENJAMIN ONG  |  WEDNESDAY, 13 MAY 2015
... 2015/16 projection of 2.75% GDP growth is well... closer to the truth. In the out years through to the MYEFO last December, real GDP had always been assumed to grow by 3.0% in 2015/16. The big revision though is the current Budget's assumption on nominal ...

RBA cuts as expected, A$ does the unexpected

BENJAMIN ONG  |  WEDNESDAY, 6 MAY 2015
... far, methinks even the Fed is uncertain on the precise timing of a lift-off. The lower-than-expected 0.2% annualised real GDP growth in the first quarter certainly argues against a sooner-rather-than-later lift off. More so because the US GDP report ...

When?

BENJAMIN ONG  |  THURSDAY, 30 APR 2015
... 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 that's at an annualised rate - in the March quarter from 2.2% in the previous three-month period. ...