Noticias de dinero

Q4 GDP Growth Revised Up to 3.4% Annual Rate

by Calculated Risk on 3/28/2024 08:30:00 AM From the BEA: Gross Domestic Product, Fourth Quarter and Year 2023 (Third Estimate), GDP by Industry, and Corporate Profits Real gross domestic product (GDP) increased at an annual rate of 3.4 percent in the fourth quarter of 2023, according to the “third” estimate released by the Bureau of

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GDP, Unemployment Claims, Pending Home Sales

by Calculated Risk on 3/27/2024 07:41:00 PM Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios. Thursday:• At 8:30 AM ET, Gross Domestic Product, 4th Quarter and Year 2023 (Third Estimate), GDP by Industry, and Corporate Profits. The consensus is that real GDP increased 3.2% annualized in Q4, unchanged from the second

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8% GDP target bolsters push for P150 wage hike

THE Federation of Free Workers (FFW) has called for the implementation of a P150 wage hike after President Ferdinand Marcos Jr. announced an 8-percent gross domestic product (GDP) target growth. In its continued advocacy for the P150 daily minimum wage hike, the FFW — along with labor groups Partido Manggagawa, Sentro ng Nagkakaisa at Progresibong

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Calculated Risk: Q1 GDP Tracking: Around 2%

by Calculated Risk on 3/22/2024 10:18:00 AM From BofA: Since our update last week, 1Q GDP tracking is down two-tenths to 2.2% q/q saar. 4Q tracking remained at 3.5% q/q saar. [Mar 22nd estimate]emphasis added From Goldman: We boosted our Q1 GDP tracking estimate by 0.2pp to +1.9% (qoq ar). Our Q1 domestic final sales

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FOMC March SEP on GDP

2024 q4/q4 growth at 2.1% matches FT-IGM survey discussed in previous post. Figure 1: GDP (bold black), CBO projection (blue), Survey of Professional Forecasters (red), FT-Booth median forecast (brown inverted triangle), FOMC Summary of Economic Projections March 20 (open light green square), GDPNow of 3/19 (light blue square), all in bn.Ch.2017$. Source: BEA 2024Q4 2nd

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March FT-Booth Macroeconomists Survey: GDP, Recession, r*

The FT-Booth Macroeconomist Survey was released today. GDP is slated to grow 2.1% in 2024, q4/q4. Figure 1: GDP (bold black), CBO projection (blue), Survey of Professional Forecasters (red), FT-Booth median forecast (brown inverted triangle), GDPNow of 3/14 (light blue square), all in bn.Ch.2017$. Source: BEA 2024Q4 2nd release, CBO Budget and Economic Outlook (February),

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Calculated Risk: GDP Tracking: Around 2%

by Calculated Risk on 3/15/2024 11:31:00 AM From BofA: Since our update last week, 1Q GDP tracking is up one-tenth to 2.4% q/q saar; 4Q tracking is up three-tenths to 3.6% q/q saar. [Mar 15th estimate]emphasis added From Goldman: We left our Q1 GDP tracking estimate unchanged after rounding at +2.2% (qoq ar) and our

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GDP and Treasury Yields in the Administration Forecast

Forecast finalized in November (roughly same time as CBO’s projections, released in February). First, GDP: Figure 1: GDP (black), Administration forecast (red squares), CBO projection (tan), February Survey of Professional Forecasters  (blue), GDPNow of March 7 (light green square), all in billions Ch.2017$ SAAR. Levels of GDP in Administration and GDPNow calculated using growth rates

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