{"id":8260,"date":"2010-03-17T09:05:45","date_gmt":"2010-03-17T13:05:45","guid":{"rendered":"http:\/\/www.thedisciplinedinvestor.com\/blog\/?p=8260"},"modified":"2016-09-20T06:45:52","modified_gmt":"2016-09-20T10:45:52","slug":"the-gdp-print-next-stop-10","status":"publish","type":"post","link":"https:\/\/thedisciplinedinvestor.com\/blog\/2010\/03\/17\/the-gdp-print-next-stop-10\/","title":{"rendered":"The GDP Print &#8211; Next Stop 10% ?"},"content":{"rendered":"<p>At this rate, there is no stopping this growth. Well, of course if we happen to turn of the stiulus spigot&#8230; Or, we get a prnt that is not from an severe inventory restock&#8230;. Or, if it were not from such a low base&#8230;.Or&#8230;&#8230;<\/p>\n<p>Just recently, we were all WOW&#8217;d with the latest revision to GDP as shown below. Probably the most impressive takeaway was the PCE which topped. But consumption was adjusted down, this contradicts the last statement&#8230;<\/p>\n<p>The numbers:<\/p>\n<ul>\n<li>US GDP Annualized (Q4 S) Q\/Q <strong>5.9%<\/strong> vs. Exp. 5.7% (Prev. 5.7%)<\/li>\n<li>US GDP Price Index (Q4 S) Q\/Q <strong>0.4%<\/strong> vs. Exp. 0.6% (Prev. 0.6%)<\/li>\n<li>US Personal Consumption (Q4 S) Q\/Q<strong> 1.7%<\/strong> vs. Exp. 2.0% (Prev. 2.0%)<\/li>\n<li>US Core PCE (Q4 S) Q\/Q <strong>1.6%<\/strong> vs. Exp. 1.4% (Prev. 1.4%)<\/li>\n<li>US ISM New York Index (Feb) M\/M <strong>417.4<\/strong> vs. Prev. 403.9<\/li>\n<\/ul>\n<p style=\"text-align: center;\"><a href=\"http:\/\/www.thedisciplinedinvestor.com\/blog\/wp-content\/uploads\/2010\/02\/GDP-20100226.png\"><img loading=\"lazy\" decoding=\"async\" class=\"size-large wp-image-8261 aligncenter\" title=\"GDP 20100226\" src=\"https:\/\/thedisciplinedinvestor.com\/blog\/wp-content\/uploads\/2010\/03\/GDP-20100226-610x363.png\" alt=\"\" width=\"610\" height=\"363\" \/><\/a><\/p>\n<p style=\"text-align: center;\"><a href=\"http:\/\/www.thedisciplinedinvestor.com\/blog\/wp-content\/uploads\/2010\/02\/PCE-20100226.png\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-large wp-image-8262\" title=\"PCE 20100226\" src=\"https:\/\/thedisciplinedinvestor.com\/blog\/wp-content\/uploads\/2010\/03\/PCE-20100226-610x359.png\" alt=\"\" width=\"610\" height=\"359\" \/><\/a><\/p>\n<p>From <a href=\"http:\/\/www.briefing.com\"><strong>Briefing.com<\/strong><\/a><\/p>\n<blockquote><p>Real GDP for Q4 2009 was revised up from 5.7% to 5.9% in the second estimate. The consensus expected GDP to remain at 5.7%.<\/p>\n<p>Even though the total revision was small in magnitude, it was fairly volatile across all sectors.<\/p>\n<p>The biggest change between the advance report and the second estimate occurred in the investment section. Total private investment grew 48.9% in the second release, up from 39.3% in the advance estimate. The revisions to investment growth boosted fourth quarter GDP by 0.81 percentage points.<\/p>\n<p>Unfortunately, negative revisions to service consumption, net exports, and government spending reduced GDP by 0.24, 0.20, and 0.21 percentage points, respectively.<\/p>\n<p>Inflation stayed low as the GDP deflator was revised down from 0.6 to 0.4%.<\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>At this rate, there is no stopping this growth. Well, of course if we happen to turn of the stiulus spigot&#8230; Or, we get a prnt that is not from an severe inventory restock&#8230;. Or, if it were not from such a low base&#8230;.Or&#8230;&#8230; Just recently, we were all WOW&#8217;d with the latest revision to [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[5,12],"tags":[481],"class_list":["post-8260","post","type-post","status-publish","format-standard","hentry","category-economy","category-markets","tag-economy","et-doesnt-have-format-content","et_post_format-et-post-format-standard"],"acf":[],"_links":{"self":[{"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/posts\/8260","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/comments?post=8260"}],"version-history":[{"count":0,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/posts\/8260\/revisions"}],"wp:attachment":[{"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/media?parent=8260"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/categories?post=8260"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/tags?post=8260"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}