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I see a lot of questions on GDP. It was just shy of 3%, but don't be shocked if there's an upward revision to Q4 2018.
Capital expenditures rebounded very strongly and it's a compressed estimate. Consumers were a bit rattled b/c of Chick Little Syndrome.
But it was a strong Q.
Capital expenditures rebounded very strongly and it's a compressed estimate. Consumers were a bit rattled b/c of Chick Little Syndrome.
But it was a strong Q.
More questions on GDP. This is how BEA got their numbers, folks.
Real GDP increased by 2.9% in 2018 when measured from the 2017 annual level to the 2018 annual level.
Measured from Q4 2017 to Q4 2018, real GDP gained 3.1%,
Real GDP increased by 2.9% in 2018 when measured from the 2017 annual level to the 2018 annual level.
Measured from Q4 2017 to Q4 2018, real GDP gained 3.1%,
But again, regardless of which method some are showcasing this morning, look at the rebound in cap exp, and look at IP.
Consumers got a bit jittery, yes.
But don't be shocked to see a revision that brings the 2017 - 2018 annual rate > 3%, near the Q4 2017 - Q4 2018 at 3.1%.
Consumers got a bit jittery, yes.
But don't be shocked to see a revision that brings the 2017 - 2018 annual rate > 3%, near the Q4 2017 - Q4 2018 at 3.1%.
