It's The Economy Stupid: GDP

The (not so) Super Committee wiffs on debt reduction.

 

GDP moderated some, so we aren’t growing as fast as economists hoped.  Business investment is down with a reduction in inventories.  Not really bad, but certainly not really good.

 

Economic Event	Period	Economic Survey	Actual Reported	Original Prior	Revised Prior
GDP QoQ (Annualized)	3Q S	2.5%	2.0%	2.5%
GDP Personal Consumption	3Q S	2.4%	2.3%	2.4%
GDP Price Index QoQ Season Adj	3Q S	2.5%	2.5%	2.5%
GDP Core PCE QoQ	3Q S	2.1%	2.0%	2.1%

 

 

 

Boudin Chaud. Cous Cous Froide. Allons Tigres--Poussez Poussez Poussez

 

John Broussard

Assistant State Treasurer

Chief Investment Officer

State of Louisiana

Department of the Treasury

Ph:  225-342-0013

Fx:  225-342-9721

Email:  jbroussard@treasusry.state.la.us

Street Address:

445 North Blvd, 7^th Floor

Baton Rouge, LA 70802

Mailing Address:

P.O. Box 44154 Capitol Station

Baton Rouge, LA 70804-4154

Physical Location:

One City Plaza, 7th Floor

Corner of North Blvd & 4th Street

Exit 1B I-110 Convention Street, Turn Left to get to North Blvd