Revised 1st Quarter GDP Report Still Shows Growth at a 6.4% Rate
…a month ago….real consumption of durable goods grew at a 48.6% annual rate, which was revised from the 41.4% growth rate shown in the advance report, and added 3.40 percentage…
…a month ago….real consumption of durable goods grew at a 48.6% annual rate, which was revised from the 41.4% growth rate shown in the advance report, and added 3.40 percentage…
…services exchanged for goods and services; or (2) goods and services exchanged for assets; or (3) assets exchanged for assets. The form doesn’t matter: every purchase involves a corresponding sale….
…price movements for finished goods were mixed in November. Import capital goods prices increased 1.5 percent from November 2024 to November 2025, the largest over-the-year advance since the index rose…
…goods.5 With investment spending, there’s a key result: the payer/spender owns the newly produced goods. And there’s a key accounting event: the payer posts the value of those new goods…
…inflation started: the rapid run-up of prices in the goods sector (particularly durable goods). The pandemic directly shifted demand out of services and into goods (people quit their gym memberships…
…this Thursday’s durable goods orders report for March, although hardly up to the minute, will assume added importance. Here’s what new orders for durable goods (blue), durable consumer goods (gold),…
…appliances all contributed significantly to the durable goods increase . . . real consumption of nondurable goods by individuals rose at a 13.7% annual rate, revised from the 12.6% increase…
…in demand was significant, about 2 to 3 quarters after the downturn in confidence. One of the two measures I looked at then, manufacturers’ new orders for durable goods, was…
…that real PCE goods are falling at a 9.1% annual rate over the the third quarter…since PCE goods is roughly 23% of GDP, that suggests that PCE goods over those…
…burden this production imposed on government goods and services? In that the goods could not be produced without the benefit of the government goods and services, aren’t these government goods…