
Details:
- Advance Q4 GDP reading was +2.3%
- Second reading was +2.3%
- Q3 GDP was +2.8%
- Final sales 3.3% vs +3.2% second reading
- Consumer spending 4.0% vs +4.2% second reading
Inflation numbers:
- GDP deflator 2.3% vs +2.4% second reading
- Core PCE 2.6% vs +2.7% second reading
- PCE prices final 2.4% vs +2.4% second reading
- PCE service excluding energy and housing 3.5% vs 3.5% in second reading
Contributors and subtractors:
- Consumption: +2.70% vs +2.79% advance
- Government: +0.52% vs +0.49% advance
- Net International trade: +0.26% vs +0.12% advance
- Inventories: -0.84% vs -0.81% advance
These are some small moves around the edges.
This article was written by Adam Button at www.forexlive.com.