• [stock-market-ticker symbols="AAPL;MSFT;GOOG;HPQ;^SPX;^DJI;LSE:BAG" stockExchange="NYSENasdaq" width"100%" palette="financial-light"]

    Trump Economy Explodes - 3.2% GDP First Quarter

    April 26, 2019
    No Comments
    Trump Economy Explodes - 3.2% GDP First Quarter
    Image by Gage Skidmore

    The gross domestic product (GDP) of the U.S. economy grew at 3.2% in the first quarter. The consensus estimates was 2.0% with lots of talk of recession and the end of the tax cut 'sugar high'.

    The Core Personal Consumption Expeditures QoQ for Q1 came in at 1.3% vs 1.6% estimate.

    The Personal Consumption Expenditures Prices QoQ Q1 came in a 0.6% vs 1.3% estimate.

    UPDATE...

    The Michigan Consumer Sentiment Index for April also beat expectations at 97.2 vs 97.0. estimates.

    SHARE THIS ARTICLE

    Author

    CDM Staff

    The mission at Creative Destruction Media is to be the catalyst for the "process of industrial mutation that incessantly revolutionizes the economic structure from within, incessantly destroying the old one, incessantly creating a new one."
  • Subscribe
    Notify of
    guest

    0 Comments
    Inline Feedbacks
    View all comments

    FOLLOW US

  • Subscribe to our evening newsletter to stay informed during these challenging times!!

    ×