Friday, January 29, 2016

GDP: Q4 2015 (First Estimate)

Today, the Bureau of Economic Analysis (BEA) released their first "estimate" of the Q4 2015 GDP report showing that the economy grew weakly in the fourth quarter with real GDP improving at an annualized rate of 0.7% from Q3 2015.

On a year-over-year basis, real GDP increased 1.8% while the quarter-to-quarter non-annualized percent change was an increase of 0.17%.

Notable categories of weakness include, Nonresidential investment in fixed structures and equipment which declined at 1.8%, Exports of goods which declined at 5.4%, while notable categories of strength include Personal Consumption Expenditures which increased at 2.2% and residential fixed investment which increased 8.1%.