Kerrick Henderson, CFA on LinkedIn: The first quarter of 2024 GDP was below expectation with 1.6% growth from… (2024)

What should investors make of the dour reaction to “Goldilocks” Q3 GDP? We dive deeper in our latest insight: https://bit.ly/46PvK1b

What should investors make of the dour reaction to “Goldilocks” Q3 GDP? We dive deeper in our latest insight: https://bit.ly/46PvK1b

What should investors make of the dour reaction to “Goldilocks” Q3 GDP? We dive deeper in our latest insight: https://bit.ly/46PvK1b

What should investors make of the dour reaction to “Goldilocks” Q3 GDP? We dive deeper in our latest insight: https://bit.ly/46PvK1b

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What should #investors make of the dour reaction to “Goldilocks” Q3 GDP? We dive deeper in our latest insight: https://bit.ly/46PvK1b#FIsherInvestments

US Q3'23 GDP: 4.9% SAAR, 2.9% Y/Y. 4% consumption, & 8.4% gross private investment. Topline overstates underlying rate. Real final sales at 3.5%, final sales ex trade & inventories at 3.5%, final sales to private domestic purchases ex government consumption at 3.3%. So, growth through first three quarters of the year at or slightly above 3%.

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GDP growth held steady at +5% in 1Q on the back of strong domestic consumption, which helped to offset the slowdown in investment and exports. Household consumption extended its firm momentum, rising by +4.5% in 1Q (similar to 4Q). We maintain our 2023 GDP forecast at +5%.We cut our 2023 headline inflation forecast to +3.7% (from +4.2%). Inflation will likely return to the upper end of BI’s target range (2%-4%) as early as May or June. We maintain our call for BI to keep its policy rate unchanged at 5.75% for the rest of 2023. Click for our full report https://lnkd.in/gVzd2irM#MaybankIBG #investmentbanking #indonesiabusiness #opportunities

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US Q3'23 GDP revised up to 5.2% (Q/Q SAAR) & 3% on a year ago basis caused by a better composition of growth led by fixed investment. I like that upward revision in productivity enhancing intellectual property. Real final sales up 3.7%, final sales to domestic purchasers 3.3% & gross domestic income up 1.5%. Would strongly recommend those saying the economy is or soon will be in recession may want to reconsider their assessment which is simply not tethered to where the data is.

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https://lnkd.in/eMhMihA8 Get ready for the economic show of the year! The GDP dance had a 3.3 percent increase in Q4 2023, slowing down from the previous quarter. Consumer spending, exports, and a full cast joined the party. But hold onto your seats – this estimate is a teaser; the real deal comes on February 28, 2024.In 2023, GDP rose by 2.5 percent, outshining 2022. Consumer spending, investments, and government contributions stole the spotlight. Prices behaved better than last year, with a less dramatic inflation performance. Keep the popcorn ready; the full story unfolds next month!

JUST RELEASED: Outlook-At-Risk Estimates for July 2023 → Downside risks to real GDP growth have declined noticeably, with the conditional probability of average growth over the next four quarters falling below -1 percent standing at approximately 14 percent. Explore the charts here: https://nyfed.org/41kwlUL

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