Economic Report Summary 02-28-14

GDP grew at an annual rate of 2.4% in the fourth quarter of 2013, slightly lower than estimated growth of 2.5%. Durable Goods Orders fell 1.0% on a monthly basis in January, whereas consensus pointed to a steeper drop of 1.5%. Ex-transportation, Durable Goods Orders rose 1.1% month-over-month in January, beating forecasts which pointed to a 0.3% decline.

By |2014-03-04T15:42:32+00:00March 4th, 2014|Stock Market|0 Comments

Economic Report Summary 02-21-14

Consumer Prices grew by 1.6% on an annualized basis in January, compared with the previous month's annual rate of 1.5%. Meanwhile, Core CPI, which excludes food and energy, rose 1.6% annually in January. Producer Prices rose 1.2% year-over-year in January, while Core PPI grew 1.3%.

By |2014-02-25T20:33:13+00:00February 25th, 2014|Stock Market|0 Comments
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