Thursday, December 22, 2016

Gdp growth in the U.S. higher than expected – imf

Macroeconomics

the gross domestic product (GDP) in the U.S. rose sequentially to 3.5 per cent in the third quarter of 2016 as measured in annual pace.

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the gross domestic product (GDP) in the U.S. rose sequentially to 3.5 per cent in the third quarter of 2016 as measured in annual rate, from an increase of 3.2 per cent the preceding quarter, shows the preliminary figures published by the american statistikkmyndigheter Tuesday.

It was expected a growth of 3.3 per cent, according to Bloomberg-the collected estimates.

private consumption rose by 3.0 percent in the third quarter, while it was expected a rise of 2.8 per cent.

GDP-price index, which is a measure of price changes in both producer and konsumentleddene, was up 1.4 per cent in the period, as expected.

the Core PCE was up 1.7 per cent in the quarter, while it was up to 1.7 the previous quarter.

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