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GDP (Aug 2011)

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Yoshio Tsuji
Yoshio Tsuji
Economy & Finance
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US GDP Outline Yoshio TSUJI August 2, 2011 • U.S. Department of Commerce Bureau of Economic Analysis; BEA • Release schedule (8:30) 　– Quarterly Advance estimates: 翌月 25 ～末日　　 Preliminary: 翌々月 25 ～末日　　 Final: 翌々々月 25 ～末日 　 　毎年７月に annual revision
Still below pre-recession level 1) Advance: 2Q: 1.4% ⇔ consensus 1.9% Personal consumption: 0.1% 2) Preliminary: 2Q: 1.0% ⇔ consensus 1.1% Personal consumption: 0.4% <Annual revision> 1Q: 0.4% ← 1.9% CY2009: -3.5% ← -2.6% CY2008: -0.3% ← 0.0%
Stagnation of consumer spending
Stagnation of consumer spending

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GDP (Aug 2011)

  • 1. US GDP Outline Yoshio TSUJI August 2, 2011 • U.S. Department of Commerce Bureau of Economic Analysis; BEA • Release schedule (8:30) 　– Quarterly Advance estimates: 翌月 25 ～末日　　 Preliminary: 翌々月 25 ～末日　　 Final: 翌々々月 25 ～末日 　 　毎年７月に annual revision
  • 2. Still below pre-recession level 1) Advance: 2Q: 1.4% ⇔ consensus 1.9% Personal consumption: 0.1% 2) Preliminary: 2Q: 1.0% ⇔ consensus 1.1% Personal consumption: 0.4% <Annual revision> 1Q: 0.4% ← 1.9% CY2009: -3.5% ← -2.6% CY2008: -0.3% ← 0.0%