Economic Update: Mar. 1, 2021
January headline and core PCE rose 0.3% m/m, both up 1.5% y/y. Headline CPI rose 0.3% m/m and core CPI was flat in January, both rising 1.4% y/y.
Economic Update: Feb. 22, 2021
Retail sales had their biggest increase in seven months, rising 5.3% m/m, boosted by fiscal stimulus checks to households. Industrial production climbed 0.9% m/m in January, driven by an increase in oil and gas exploration.
Economic Update: Feb, 8, 2021
4Q20 real GDP grew at a 4.0% q/q seasonally adjusted annual rate, with increases in consumption, housing, business fixed investment, inventories and exports, partially offset by declines in government spending and increasing imports (a subtraction from real GDP). Still, economic output remains 2.5% below peak 4Q19 real GDP.
Economic Update: Feb, 1, 2021
4Q20 real GDP grew at a 4.0% q/q seasonally adjusted annual rate, with increases in consumption, housing, business fixed investment, inventories and exports, partially offset by declines in government spending and increasing imports (a subtraction from real GDP).
Economic Update: Jan. 25, 2021
3Q20 real GDP was revised slightly higher to 33.4% q/q seasonally adjusted annual rate. Despite a solid bounce back, economic output is still about 3.5% below its 4Q19 level.
Economic Update: Jan. 11, 2021
3Q20 real GDP was revised slightly higher to 33.4% q/q seasonally adjusted annual rate. Increases in consumption, private inventories, business fixed investment, housing and exports were partially offset by decreases in government spending and increases in imports.
Economic Update: Jan. 4, 2021
3Q20 real GDP was revised slightly higher to 33.4% q/q seasonally adjusted annual rate. Increases in consumption, private inventories, business fixed investment, housing and exports were partially offset by decreases in government spending and increases in imports.
Economic Update: Dec. 28, 2020
3Q20 real GDP was revised slightly higher to 33.4% q/q seasonally adjusted annual rate. Increases in consumption, private inventories, business fixed investment, housing and exports were partially offset by decreases in government spending and increases in imports.
Economic Update: Dec. 21, 2020
3Q20 real GDP rose at an unrevised 33.1% q/q seasonally adjusted annual rate. Increases in consumption, private inventories, business fixed investment, housing and exports were partially offset by decreases in government spending and increases in imports.
Economic Update: Dec. 14, 2020
3Q20 real GDP rose at an unrevised 33.1% q/q at a seasonally adjusted annual rate. Increases in consumption, private inventories, business fixed investment, housing and exports were partially offset by decreases in government spending and increases in imports.
Economic Update: Dec. 7, 2020
3Q20 real GDP rose at an unrevised 33.1% q/q at a seasonally adjusted annual rate. Increases in consumption, private inventories, business fixed investment, housing and exports were partially offset by decreases in government spending and increases in imports.
Economic Update: Nov. 30, 2020
3Q20 real GDP rose at an unrevised 33.1% q/q at a seasonally adjusted annual rate. Increases in consumption, private inventories, business fixed investment, housing and exports were partially offset by decreases in government spending and increases in imports.
Economic Update: Nov. 23, 2020
3Q20 real GDP rose 33.1% q/q at a seasonally adjusted annual rate. Increases in consumption, private inventories, business fixed investment, housing and exports were partially offset by decreases in government spending and increases in imports.
Economic Update: Nov. 16, 2020
3Q20 real GDP rose 33.1% q/q at a seasonally adjusted annual rate. Increases in consumption, private inventories, business fixed investment, housing and exports were partially offset by decreases in government spending and increases in imports.
Economic Update: Nov. 9, 2020
3Q20 real GDP rose 33.1% q/q at a seasonally adjusted annual rate. Increases in consumption, private inventories, business fixed investment, housing and exports were partially offset by decreases in government spending and increases in imports.