GDP


GDP Q/Q Change: Prev.2.2% Est.4.5% Act.5.7%

1. Quickest growth rate in 6 years.
2. Higher private sector inventory investment
3. 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

Economic Data Snapshot for 01.28.10

New Claims Prior 482k Consensus 440k Actual 470k
4-week Moving Average Prior 448.25k Actual 456.25k

The 4-week moveing average rose for the second straight week reversing a down trend that began in September. Continuing claims fell but that is being distorted by the expiration of benefits.

New Orders-M/M change: Prior 0.2% Consensus 1.6% Actual 0.3%

New Orders-Y/Y Change: Prior -7.8% Consnsus ??? Actual -3.1%

The headline number was below expectations but an upward revision of the Nov. number

from -0.7 to -0.4

Weekly Change: Prior -245 Consensus -111 Actual -86

Economic Snapshot for 01.25.10

Existing Home Sales

Prior Est. Act.
Existing Home Sales - SAAR 6.54M 5.900M 5.45 M
Existing Home Sales - M/M Change -16.7 %
Existing Home Sales - Yr/Yr Change +15.0 %

Sales fell more than expected but the median price rose 1.5% from year-ago levels