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domingo, 18 de agosto de 2013

U.S. second-quarter GDP climbs 1.7%

WASHINGTON (MarketWatch)
The U.S. economy grew at a 1.7% annual rate in the second quarter, buoyed by a solid gain in consumer spending and a sharp increase in business investment, the Commerce Department said
Economists polled by MarketWatch had expected growth to total 1.0%
Consumer spending rose 1.8% in the second quarter and business investment jumped 9%, led by another double-digit percentage gain in home construction
Those increases offset a 9.5% spike in imports - a negative for U.S. growth - and a 1.5% drop in federal spending
Inflation as measured by the PCE index was flat overall and rose just 0.8% on a core basis excluding food and energy
The core increase was the smallest in almost three years
Growth in the first quarter, meanwhile, was revised down to 1.1% from 1.8% as part of the government's periodic update to how it measures the size of the economy and how fast it's growing
GDP report will be refined through two further updates in the next few months.

1 comentario:

El Genio dijo...

Private sector adds 200,000 jobs in July: ADP
First-quarter GDP revised down to 1.1% from 1.8%
U.S. second-quarter GDP rises 1.7%
MarketWatch poll forecast 1.0% U.S. growth
Business inventories increase by $56.7 billion
Final U.S. sales climb to 1.3% from 0.2%
Consumer spending rose 1.8% in second quarter

State and local spending edges up 0.3%
Federal spending falls 1.5% in second quarter
Military spending drops 0.5% in second quarter

U.S. exports rise 5.4%, imports up 9.5%
Business investment advances 9% in 2nd quarter
Home-construction investment jumps 13.4%

PCE core inflation rate rises at 0.8% rate
PCE inflation index flat in second quarter

Employment cost index up 0.5% in second quarter