Wednesday, April 22, 2009

GDP Up In February?

Monthly real GDP rose moderately in February by +0.6% or +7.0% annualized, after falling modestly by -0.3% in January (revised down from +0.2%), and real Q1 GDP is forecast to decline by -5.1% annualized, according to Macroeconomic Advisers. The government does not publish GDP data at a monthly level, but the NBER Business Cycle Dating Committee says that they refer to sources such as Macroeconomic Advisers (MA) and their MGDP data series.


1 comment:

  1. Q109:
    Real personal consumption expenditures up 2.2% vs -4.3% 4Q08. Durable goods up 9.4% vs -22.1.