GDP Q/Q Change: Prev.2.2% Est.4.5% Act.5.7%
- Quickest growth rate in 6 years.
- Higher private sector inventory investment
- Lower imports
GDP Price Index
Q/Q Change: Prev. +0.4% Est. 1.3% Act.0.6%
Employment Cost Index
ECI Q/Q Change: Prev. 0.4% Est. 0.4 Act. 0.5%
ECI Y/Y Change: Prev 1.5% Act. 1.5%
The 1.5% Y/Y wage increase is below the 1.7% Y/Y CPI increase reported earlier in the month
Chicago Business Barometer Index
Chi BBI: Prev. 60.0 Est. 57 Act.61.5
New Orders +66.4 M/M (Fourth straight increae)
Production: 66.6
Consumer Sentiment Index
CSI: Prev. 72.8 Est. 73.0 Act 74.4
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