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US Q1 final GDP +2.0% vs +1.4% expected
Preliminary reading was +1.3%Final Q4 reading was +2.6% (unrevised)Consumer spending +4.2% vs +3.8% 2nd readingCore PCE prices +4.9% vs +5.0% expectedPCE prices % vs +4.2% 2nd readingGDP final sales +4.2% vs +3.4% 2nd readingCorporate profits after tax -5.9% vs -6.8% 2nd reading and -2.7% in Q4Consumer spending on durables +16.3% vs -1.3% in Q4Percentage point changesNet trade +0.58 pp vs flat in prelim report and adding 0.46 pp in Q4Inventories cut 2.14 pp vs at cut of 2.10 pp in prelim report...
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Posted: Jun 29 2023, 12:30
Author Name: forexlive
Views: 081039
