Friday, August 26, 2011

It's The Economy Stupid: GDP

GDP Quarter on Quarter:   1.0%, economists expected 1.1% and the prior period number was 1.3%

GDP Price Index:   2.4%, economists expected 2.3%, prior number was 0.1%

Personal Consumption:   0.4%, economists expected 2.3%, and the prior number was 2.3%   

Core PCE Quarter on Quarter:    2.2%, economists expected 2.1%, and the prior number was 2.1%


So, the economy is growing S L O W L Y.  What can you say?  It’s weak, but ain’t dead yet.




John Broussard

Assistant State Treasurer

Chief Investment Officer

State of Louisiana

Department of the Treasury


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