CD Media
Markets

Trump Economy Explodes – 3.2% GDP First Quarter

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.

Related posts

10 Years Of Bitcoin And Blockchain

CD Media Staff

Oil Prices Jump But Don’t Expect It To Last

Tim Daiss

Risk On! But Will It Last?

CD Media Staff

Leave a Comment