Final Q4 GDP was +0.5% Consumer spending (PCE):% GDP final sales (excluding inventories) +% vs +0.3% prior GDP price index (GDP deflator): vs +3.8% expected Core PCE (excluding food & energy): +% vs +4.1% expected Business investment (nonresidential fixed investment):…
Final Q4 GDP was +0.5% Consumer spending (PCE):% GDP final sales (excluding inventories) +% vs +0.3% prior GDP price index (GDP deflator): vs +3.8% expected Core PCE (excluding food & energy): +% vs +4.1% expected Business investment (nonresidential fixed investment): Contributions to GDP in percentage points: Government vs +1.03 prior Net exports vs +0.05 prior Inventories + vs +0.21 prior Fixed investment + vs +0.45 prior Services + vs +1.59 prior Goods vs +0.01 prior This article was written by Adam Button at investinglive.com.