U.S. GDP Fell 1.0% in Q1, Wider than Expected (2nd Est.)

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Go back to U.S. GDP Fell 1.0% in Q1, Wider than Expected (2nd Est.)

UPDATE: April Durable Goods Orders 0.8% vs -0.7% Expected, Ex Trans 0.1% vs 0.0%

May 27, 2014 8:30 AM EDT

(Updated - May 27, 2014 8:57 AM EDT)

April Durable Goods Orders 0.8% vs -0.7% Expected, Ex Trans 0.1% vs 0.0%

UPDATE - More from the press release:

New orders for manufactured durable goods in April increased $1.9 billion or 0.8 percent to $239.9 billion, the U.S. Census Bureau announced today. This increase, up three... More

Fed saw No Inflation Risk in Fueling Job Growth, Minutes Show

May 21, 2014 2:00 PM EDT

(Updated - May 21, 2014 2:01 PM EDT)

Fed saw no inflation risk in fueling job growth, minutes show.

UPDATE - The minutes are below:

A meeting of the Federal Open Market Committee was held in the offices of the Board of Governors of the Federal Reserve System in Washington, D.C., on Tuesday, April 29, 2014, at 10:30 a.m. and continued on Wednesday, April 30, 2014, at 9:00 a.m.

PRESENT:
Janet L. Yellen, Chair
William C. Dudley, Vice Chairman
Richard W. Fisher
Narayana Kocherlakota
Sandra Pianalto
Charles I. Plosser
Jerome H. Powell
Jeremy C. Stein
Daniel K. Tarullo

Charles L.... More

OECD Area GDP Growth Slowed to 0.4% in Q1 (FXE)) (UUP)

May 20, 2014 6:57 AM EDT

Provisional estimates show that quarterly real gross domestic product (GDP) in the OECD area rose by 0.4% in the first quarter of 2014, down from 0.5% in the previous quarter.

The OECD total masks a wide spectrum of growth rates across countries, however. Real GDP growth accelerated strongly in Japan... More