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The Latest Economic Trends - 1Q2017 GDP Report

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The Commerce Department announced that the U.S. economy grew at an annual rate of 0.7 percent in the first quarter of 2017.

PGIM Managing Director Ed Keon will discuss the fundamentals of the economy, consumer trends, and areas of potential growth.

This webinar is the latest in Business Forward’s series on economic indicators. We provide this programming to help you stay up to date on the latest information about the economy and how it may affect your business.

Published in: Business
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The Latest Economic Trends - 1Q2017 GDP Report

  1. 1. The Latest Economic Trends Highlights from the 1Q2017 GDP Estimate April 28, 2017 1
  2. 2. THE U.S. ECONOMY GREW 0.7 PERCENT IN Q1 2 3.3% 2.7% 1.8% -0.3% -2.8% 2.5% 1.6% 2.2% 1.7% 2.4% 2.6% 1.6% 1.4% 3.5% 2.1% 0.70% 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2016 Q2 2016 Q3 2016 Q4 2017 Q1 Real GDP Percent Change
  3. 3. CONTRIBUTIONS TO GDP GROWTH 3 2016 Q3 2016 Q4 2017 Q1 Real GDP 3.5 2.1 0.7 Contribution to change in real GDP Personal consumption expenditures 2.03 2.40 0.23 Private Investment 0.50 1.47 0.69 Business 0.18 0.11 1.12 Residential -0.16 0.35 0.50 Inventories .049 1.01 -0.93 Government 0.14 0.03 -0.30 Net exports 0.85 -1.82 0.07
  4. 4. CONSUMER SPENDING 4 3.5 3.0 2.2 -0.3 -1.6 1.9 2.3 1.5 1.5 2.9 3.2 2.7 4.3 3.0 3.5 0.3 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2016 Q2 2016 Q3 2016 Q4 2017 Q1 Real Personal Consumption Expenditures Percent Change
  5. 5. BUSINESS INVESTMENT GREW BY 9.4% IN Q1 5 7.0 7.1 5.9 -0.7 -15.6 2.5 7.7 9.0 3.5 6.0 2.1 -0.5 1.0 1.4 0.9 9.4 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2016 Q2 2016 Q3 2016 Q4 2017 Q1 Real Business Fixed Investment Percent Change
  6. 6. NON-RESIDENTIAL INVESTMENT TRENDS 6 -2.8 0.1 -2.1 12 -1.9 22.1 1Q 2016 2Q 2016 3Q 2016 4Q 2016 1Q 2017 Construction Percent change -9.5 -2.9 -4.5 1.9 9.1 1Q 2016 2Q 2016 3Q 2016 4Q 2016 1Q 2017 Equipment Percent change 3.7 9.0 3.2 1.3 2.0 1Q 2016 2Q 2016 3Q 2016 4Q 2016 1Q 2017 IP Products Percent change
  7. 7. HOUSING ACTIVITY 7 6.6 -7.6 -18.8 -24.0 -21.2 -2.5 0.5 13.5 11.9 3.5 11.7 4.9 -7.7 -4.1 9.6 13.7 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2016 Q2 2016 Q3 2016 Q4 2017 Q5 Real Residential Investment Percent Change
  8. 8. EXPORTS 8 6.3 9.0 9.3 5.7 -8.8 11.9 6.9 3.4 3.5 4.3 0.1 0.4 1.8 10.0 -4.5 5.8 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2016 Q2 2016 Q3 2016 Q4 2017 Q1 Exports Percent Change
  9. 9. INFLATION 9 2.2 2.2 2.2 2.1 1.2 1.3 1.5 1.9 1.5 1.6 1.4 1.7 1.8 1.7 1.3 2.0 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2016 Q2 2016 Q3 2016 Q4 2017 Q1 Core Personal Consumption Expenditures Percent Change
  10. 10. QUESTIONS Press 1 on your phone, or Email info@businessfwd.org 10

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