+

Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Close
HomeQuizzoneWhatsappShare Flash Reads
 

HERE COMES GDP...

Dec 20, 2013, 18:43 IST

REUTERS/Chip EastA model poses for an impromptu photo shoot on the steps of Federal Hall, in front of the New York Stock Exchange.

Heads up! We are minutes away from the release of the third and final estimate of third quarter U.S. GDP from the Bureau of Economic Analysis, due out at 8:30 AM ET.

Advertisement

Economists predict a growth reading unchanged from the 3.6% annualized growth rate estimate published by the BEA earlier this month.

Personal consumption growth is expected to clock in at 1.4%, also unchanged from the second estimate, and the GDP price index and core PCE are expected to come in at 2.0% and 1.5%, respectively, both unchanged from the second estimate as well.

The first estimate of Q3 GDP growth published in November was 2.8% at an annualized rate. This was boosted to 3.6% in the second estimate published earlier this month, with the gains coming largely from a buildup in inventories.

We will have the full release LIVE at 8:30 AM ET. Click here to refresh for the latest updates »

Advertisement

You are subscribed to notifications!
Looks like you've blocked notifications!
Next Article