U.S. GDP growth
Big Picture Reflections on Today’s U.S. Data
September 29, 2011
People who trade currencies daily put a heavy emphasis on how reported data compare to street forecasts, and whether a number is deemed bullish or bearish hinges on that immediate litmus test. Today’s upward revision of second-quarter U.S. GDP growth to 1.3% from 1.0% was a bigger improvement than predicted. New U.S. jobless claims of […] More
U.S. GDP Growth
January 28, 2011
U.S. real GDP growth strengthened to 3.2% annualized (saar) last quarter from 2.6% in the third quarter and 1.7% in 2Q. GDP was 2.8% higher than in the final quarter of 2009 versus a net rise of just 0.2% between 4Q08 and 4Q09. Real final sales expanded by a robust 7.1% saar, with advances of […] More
