Pubblicato in: Banche Centrali, Devoluzione socialismo, Stati Uniti, Trump

Usa. Pil Q3 salito a 2.1%, sopra le previsioni.

Giuseppe Sandro Mela.

2019-11-27.

2019-11-27__Usa__Pil 001

«U.S. Economy Grew at Faster Pace than Expected in Q3»

«The Bureau of Economic Analysis (BEA) reported the second estimate for third-quarter (Q3) 2019 gross domestic product (GDP) rose to 2.1%, higher than the consensus forecast. Real GDP rose by 2.0% in Q2 2019.»

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US economy grew at a moderate 2.1% annual rate in the third quarter

– The U.S. economy grew at a moderate 2.1% rate over the summer, slightly faster than first estimated.

– Many economists say, however, that they think growth is slowing sharply in the current quarter.

– The Commerce Department says the July-September growth rate in the gross domestic product, the economy’s total output of goods and services slightly exceeded its initial estimate of a 1.9% rate.

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The U.S. economy grew at a moderate 2.1% rate over the summer, slightly faster than first estimated. But many economists say they think growth is slowing sharply in the current quarter.

The Commerce Department says the July-September growth rate in the gross domestic product, the economy’s total output of goods and services slightly exceeded its initial estimate of a 1.9% rate.

The economy had begun the year with a sizzling 3.1% GDP rate. Many economists have estimated that GDP growth is weakening in the current quarter to as slow as a sub-1% annual rate, largely because the U.S.-China trade war has led businesses to cut investment and inventories.

Still, the holiday shopping season is expected to be relatively healthy given solid job growth and consumer spending.

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Second Estimate for Q3 2019 GDP Rises to 2.1%, Beating Forecasts

U.S. Economy Grew at Faster Pace than Expected in Q3

The Bureau of Economic Analysis (BEA) reported the second estimate for third-quarter (Q3) 2019 gross domestic product (GDP) rose to 2.1%, higher than the consensus forecast. Real GDP rose by 2.0% in Q2 2019.

Forecasts ranged from a low of 1.7% to a high of 2.1%. The consensus forecast was 1.9% and the forecast for the advance was just 1.6%.

The upward revision was fueled by private inventory investment, nonresidential fixed investment, and personal consumption expenditures (PCE), or consumer spending.

Consumer spending was revised higher to 2.9%. Forecasts ranged from a low of 2.8% to a high of 3.0%. The consensus forecast was 2.8%.

Real gross domestic income (GDI) rose 2.4%, up strongly from 0.9% (revised) in Q2. The average of real GDP and real GDI — which is a supplemental measure of U.S. economic activity that equally weights GDP and GDI — gained 2.3% in Q3, up from 1.4% in Q2. 

This article will be updated shortly to reflect more data.