Tag: accounting

Real Q1 GDP 0.2% vs. Consensus 1.0%; Disaster in the Details
April 29, 2015 0

Real Q1 GDP 0.2% vs. Consensus 1.0%; Disaster in the Details

By News Desk

Let’s dive into the First Quarter 2015 (Advance Estimate) report for details. The increase in real GDP in the first quarter primarily reflected positive contributions from personal consumption expenditures (PCE) and private inventory investment that were partly offset by negative contributions from exports, nonresidential fixed investment, and state and local government spending

Richmond Fed Manufacturing Index Negative Second Month
April 28, 2015 0

Richmond Fed Manufacturing Index Negative Second Month

By News Desk

The Richmond Fed reports Manufacturing Sector Activity Remained Soft; Employment and Wages Grew Mildly Overall, manufacturing conditions remained soft in April. The composite index for manufacturing moved to a reading of -3 following last month’s reading of -8. The index for shipments and the index for new orders gained seven points in April, although both indicators finished at only -6.