Fresh out on Friday — details courtesy of Reuters. At 3.2 per cent, the headline is below median expectations but we’ll be digging a little deeper in a bit to get the full story. Looks at first glance like the sales and inventory numbers are very solid indeed.
Tune in during Macro Live at 10am EST / 3pm GMT for more, hopefully incisive, commentary.
See you there…
RTRS-US ADVANCE Q4 GDP +3.2 PCT (CONSENSUS +3.5 PCT), Q3 +2.6 PCT; FINAL SALES +7.1 PCT (CONS +5.4 PCT), Q3 +0.9 PCT
13:30 28Jan11 RTRS-US ADVANCE Q4 GDP DEFLATOR +0.3 PCT (CONS +1.5 PCT), Q3 +2.0 PCT
13:30 28Jan11 RTRS-US Q4 PCE PRICE INDEX +1.8 PCT (CONS +1.8 PCT), Q3 +0.8 PCT; CORE PCE +0.4 PCT (CONS +0.4 PCT), Q3 +0.5 PCT
13:30 28Jan11 RTRS-US Q4 CONSUMER SPENDING +4.4 PCT, BIGGEST RISE SINCE Q1 2006, (Q3 +2.4 PCT), DURABLES +21.6 PCT (Q3 +7.6 PCT)
13:30 28Jan11 RTRS-US Q4 MARKET-BASED PCE PRICE INDEX +1.9 PCT (Q3 +1.3 PCT), CORE +0.3 PCT (Q3 +1.1 PCT)
13:30 28Jan11 RTRS-US Q4 BUSINESS INVESTMENT +4.4 PCT (Q3 +10.0 PCT), EQUIPMENT/SOFTWARE +5.8 PCT (Q3 +15.4 PCT)
13:30 28Jan11 RTRS-US Q4 HOME INVESTMENT +3.4 PCT (Q3 -27.3 PCT), BUS. INVESTMENT IN STRUCTURES +0.8 PCT (Q3 -3.5 PCT)
13:30 28Jan11 RTRS-US Q4 EXPORTS +8.5 PCT (Q3 +6.8 PCT), IMPORTS -13.6 PCT (Q3 +16.8 PCT)
13:30 28Jan11 RTRS-US Q4 GDP EX MOTOR VEHICLES +3.6 PCT (Q3 +2.1 PCT)
13:30 28Jan11 RTRS-US Q4 YEAR-ON-YEAR PCE PRICE INDEX +1.2 PCT (Q3 +1.4 PCT), CORE PCE +0.8 PCT (Q3 +1.2 PCT)
13:30 28Jan11 RTRS-US Q4 BUSINESS INVENTORY CHANGE +$7.2 BLN (Q3 +$121.4 BLN)
13:30 28Jan11 RTRS-US Q4 BUSINESS INVENTORY CHANGE CUTS 3.7 PERCENTAGE POINTS TO GDP CHANGE
13:30 28Jan11 RTRS-US 2010 GDP +2.9 PCT, BIGGEST INCREASE SINCE 2005, VS 2009 -2.6 PCT
13:30 28Jan11 RTRS-US Q4 GDP FINAL SALES RISE LARGEST SINCE Q2 1984, DURABLE GOODS RISE LARGEST SINCE Q4 2001
13:30 28Jan11 RTRS-TABLE-U.S. Q4 GDP up to 3.2 percent
Here’s the Bureau of Economic Analysis release.