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28 Feb 2019

US: Real GDP expands by 2.6% (YoY) in Q4 vs 2.3% expected

"Real gross domestic product (GDP) increased at an annual rate of 2.6 percent in the fourth quarter of 2018," the Bureau of Economic Analysis reported in its initial estimate

Key takeaways from the press release

In the third quarter, real GDP increased 3.4 percent.
Current dollar GDP increased 4.6 percent, or $233.2 billion, in the fourth quarter to a level of $20.89 trillion.
In the third quarter, current-dollar GDP increased 4.9 percent, or $246.3 billion.
Current-dollar personal income increased $225.1 billion in the fourth quarter, compared with an increase of $190.6 billion in the third quarter.
The price index for gross domestic purchases increased 2.2 percent in 2018, compared with an increase of 1.9 percent in 2017.

Feb 28, 2019

United States Gross Domestic Product Price Index registered at 2% above expectations (1.7%) in 4Q

US: Initial weekly jobless claims increased by 8,000 to 225,000

"In the week ending February 23, the advance figure for seasonally adjusted initial claims was 225,000, an increase of 8,000 from the previous week's