Home > Atlanta Fed Leaves Fourth Quarter GDP At 2.5 Percent

News
Atlanta Fed Leaves Fourth Quarter GDP At 2.5 Percent

Description

According to Reuters, the US economy expanded at a rate of 2.5-percent during the fourth quarter of 2018. Based on data for durable goods orders and home resales in October, the Atlanta Federal Reserve lowered their GDP forecast model to an annualized rate of 2.5-percent. That pace matched the Atlanta Fed’s GDP program for calculating the nation's gross domestic product. The Atlanta Fed also reduced their projected drag from residential investment in the current quarter by 2-percent.

Added on the 21/11/2018 15:48:29 - Copyright : Wochit

To customise your video :

Generic export code

More videos on the subject

Fed's preferred inflation index to rise to 5.2 percent by end of year

The Fed predicts a 5.2 percent rate of inflation, as measured by the personal consumption expenditures price index, before falling rapidly to 2.6 percent next year and 2.2 percent in 2024, Chair Jerome Powell says during a press conference. SOUNDBITE

15/06/2022 - AFPTV - First images
Argentina's GDP rises 2.5% year-on-year in the first quarter of 2021

Buenos Aires, Jun 23 (EFE) .- (CAMERA: Alberto Caratozzolo) The gross domestic product (GDP) of Argentina registered a year-to-year rise of 2.5 percent in the first quarter of the year, according to the National Institute of Statistics and Censuses (Indec).

23/06/2021 - EFE Inglés
Vietnam's GDP grows 2.62 percent in third quarter despite COVID-19

Ho Chi Minh, Sep 29 (EFE/EPA) .- Vietnam's GDP grew 2.62 percent year-on-year in the third quarter thanks to increased exports of electronic parts, steel and other industrial products , the National Statistics Office reported on Tuesday.(Camera: LINH LUONG THAI)SHOT LIST: THE MID-AUTUMN FESTIVAL CELEBRATIONS IN HO CHI MINH, VIETNAM.

29/09/2020 - EFE Inglés
Fed predicts inflation of 4.2 percent this year, 2.2 percent in 2022

The chair of the US Federal Reserve, Jerome Powell, predicts an annual inflation rate of 4.2 percent in 2021, up from the 3.4 percent forecast in June, dropping to 2.2 percent in 2022. SOUNDBITE

22/09/2021 - AFPTV - First images
Japan's GDP grew 7.5% year-on-year in 2nd quarter

Tokyo, Aug 16 (EFE/EPA).- Japan's gross domestic product grew 7.5 percent between April and June compared to the same period of the previous year, mainly driven by the recovery in consumption, according to government data published Monday.Compared to the first quarter of 2021, the world’s third largest economy grew 0.3 percent, due to the persistent impact of the Covid-19 pandemic, according to preliminary data from the Japanese Cabinet Office.The economic growth in the second quarter of this year is mainly due to the 7.3 percent increase in household consumption, the main pillar of Japan’s GDP, which had been suffering from the successive states of emergency in the country. Citizens reacted with increasing indifference to this despite the rebound in infections. (Camera: ARCHIVE).ARCHIVE FOOTAGE SHOWS PEDESTRIANS ON STREETS OF TOKYO, AND PEDESTRIANS WALK ON THE SHIBUYA SCRAMBLE CROSSWAY IN TOKYO, JAPAN.

16/08/2021 - EFE Inglés
British GDP rebounds in March after falling 1.5% in the first quarter

London, May 12 (EFE) .- (Camera: Clàudia Sacrest) The British gross domestic product (GDP) registered a contraction of 1.5% in the first quarter of 2021, but in March it grew by 2,1%, helped by the beginning of the lifting of restrictions by Covid-19.FOOTAGE OF TRADING IN TOWER BRIDGE AND LONDON BRIDGE, AND SHOPS AND COMMERCIAL ACTIVITY IN OXFORD STREET.

12/05/2021 - EFE Inglés