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US GDP Revised Slightly Lower Despite Stronger Consumer Spending
KennyHo11
2023-04-05
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KennyHo11
2022-01-31
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slightly slower rate at the end of last year as a downward revision to inventories masked stronger household spending and investment.</p><p style=\"text-align: start;\">Gross domestic product rose at a revised 3.2% annualized pace in the fourth quarter, compared with a prior estimate of 3.3%. 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Personal consumption added 2 points.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US GDP Revised Slightly Lower Despite Stronger Consumer Spending</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUS GDP Revised Slightly Lower Despite Stronger Consumer Spending\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-02-28 21:30 GMT+8 <a href=https://www.bloomberg.com/news/articles/2024-02-28/us-economy-expanded-at-a-revised-3-2-pace-in-fourth-quarter><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The US economy expanded at a slightly slower rate at the end of last year as a downward revision to inventories masked stronger household spending and investment.Gross domestic product rose at a ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2024-02-28/us-economy-expanded-at-a-revised-3-2-pace-in-fourth-quarter\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"้็ผๆฏ"},"source_url":"https://www.bloomberg.com/news/articles/2024-02-28/us-economy-expanded-at-a-revised-3-2-pace-in-fourth-quarter","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1178537878","content_text":"The US economy expanded at a slightly slower rate at the end of last year as a downward revision to inventories masked stronger household spending and investment.Gross domestic product rose at a revised 3.2% annualized pace in the fourth quarter, compared with a prior estimate of 3.3%. Consumer spending advanced at a 3% rate, faster than initially estimated, Bureau of Economic Analysis figures showed Wednesday. Inflation was revised higher.Last year the economy expanded 2.5%, marking an acceleration from 2022 and far outperforming the broader eurozone and Japan.The economy last year ended up surprising many economists who expected the US would slip into a recession after aggressive Federal Reserve interest-rate hikes. Instead, a robust labor market supported consumer spending and kept the economy moving forward.While economists largely expect growth to cool somewhat this year as high borrowing costs restrain household demand and business investment, they still anticipate the US can avoid a downturn.The Fedโs preferred inflation metric โ the personal consumption expenditures price index โ rose at a 1.8% annual rate in the fourth quarter. Excluding food and energy, the gauge increased at a 2.1% pace, the Bureau of Economic Analysis report showed. Both were marginally higher than initially estimated.Inventories subtracted 0.27 percentage point from GDP, compared with a slight boost in the initial fourth-quarter estimate. Personal consumption added 2 points.","news_type":1},"isVote":1,"tweetType":1,"viewCount":271,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9948299253,"gmtCreate":1680709350273,"gmtModify":1680710191334,"author":{"id":"3577169620233269","authorId":"3577169620233269","name":"KennyHo11","avatar":"https://community-static.tradeup.com/news/f560900c97ba79c0bdfbb803edcfbf23","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3577169620233269","authorIdStr":"3577169620233269"},"themes":[],"htmlText":"๐๐ผ๐๐ผ๐๐ผ๐๐ผ","listText":"๐๐ผ๐๐ผ๐๐ผ๐๐ผ","text":"๐๐ผ๐๐ผ๐๐ผ๐๐ผ","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9948299253","isVote":1,"tweetType":1,"viewCount":210,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9093153246,"gmtCreate":1643575248100,"gmtModify":1676533831557,"author":{"id":"3577169620233269","authorId":"3577169620233269","name":"KennyHo11","avatar":"https://community-static.tradeup.com/news/f560900c97ba79c0bdfbb803edcfbf23","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3577169620233269","authorIdStr":"3577169620233269"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9093153246","repostId":"9004448317","repostType":1,"repost":{"id":9004448317,"gmtCreate":1642676525258,"gmtModify":1676533734534,"author":{"id":"3527667667103859","authorId":"3527667667103859","name":"TigerEvents","avatar":"https://community-static.tradeup.com/news/c266ef25181ace18bec1262357bbe1a8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3527667667103859","authorIdStr":"3527667667103859"},"themes":[],"title":"Join Tiger Ski Championship, Win a Bonus of Up to USD 2022","htmlText":"2022 is the Year of Tiger in Chinese lunar calendar, itโs also a special year for Tiger Brokers. To celebrate the special year, we want to invite you to join the ski game presented by Tiger Brokers specially, and itโs very easy and interesting game for users to play. Join the game and win a bonus of up to USD 2022 and limited-edition Tiger Toys Spring Festival and Winter Olympic are both on the way, open your Tiger Trade App and play the ski game with us, win golden medals as many as you can! You could have chance to try Lucky Draw when you win medals.The more medal you win, the bigger bonus you may win! Big Rewards are as follow: <a href=\"https://www.tigerbrokers.com.sg/activity/market/2022/happy-new-year/#/\" target=\"_blank\">Click to Join the Game</a>","listText":"2022 is the Year of Tiger in Chinese lunar calendar, itโs also a special year for Tiger Brokers. To celebrate the special year, we want to invite you to join the ski game presented by Tiger Brokers specially, and itโs very easy and interesting game for users to play. Join the game and win a bonus of up to USD 2022 and limited-edition Tiger Toys Spring Festival and Winter Olympic are both on the way, open your Tiger Trade App and play the ski game with us, win golden medals as many as you can! You could have chance to try Lucky Draw when you win medals.The more medal you win, the bigger bonus you may win! Big Rewards are as follow: <a href=\"https://www.tigerbrokers.com.sg/activity/market/2022/happy-new-year/#/\" target=\"_blank\">Click to Join the Game</a>","text":"2022 is the Year of Tiger in Chinese lunar calendar, itโs also a special year for Tiger Brokers. To celebrate the special year, we want to invite you to join the ski game presented by Tiger Brokers specially, and itโs very easy and interesting game for users to play. Join the game and win a bonus of up to USD 2022 and limited-edition Tiger Toys Spring Festival and Winter Olympic are both on the way, open your Tiger Trade App and play the ski game with us, win golden medals as many as you can! You could have chance to try Lucky Draw when you win medals.The more medal you win, the bigger bonus you may win! Big Rewards are as follow: Click to Join the Game","images":[{"img":"https://static.tigerbbs.com/a7b44fa056439fb4010fa55e163d27c3","width":"750","height":"1726"}],"top":1,"highlighted":1,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9004448317","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":2,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":264,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":278959942574256,"gmtCreate":1709127073451,"gmtModify":1709127910599,"author":{"id":"3577169620233269","authorId":"3577169620233269","name":"KennyHo11","avatar":"https://community-static.tradeup.com/news/f560900c97ba79c0bdfbb803edcfbf23","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3577169620233269","authorIdStr":"3577169620233269"},"themes":[],"htmlText":"Share your opinion about this newsโฆ","listText":"Share your opinion about this newsโฆ","text":"Share your opinion about this newsโฆ","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/278959942574256","repostId":"1178537878","repostType":2,"repost":{"id":"1178537878","kind":"news","pubTimestamp":1709127000,"share":"https://ttm.financial/m/news/1178537878?lang=&edition=fundamental","pubTime":"2024-02-28 21:30","market":"us","language":"en","title":"US GDP Revised Slightly Lower Despite Stronger Consumer Spending","url":"https://stock-news.laohu8.com/highlight/detail?id=1178537878","media":"Bloomberg","summary":"The US economy expanded at a slightly slower rate at the end of last year as a downward revision to inventories masked stronger household spending and investment.Gross domestic product rose at a revis","content":"<html><head></head><body><p style=\"text-align: start;\">The US economy expanded at a slightly slower rate at the end of last year as a downward revision to inventories masked stronger household spending and investment.</p><p style=\"text-align: start;\">Gross domestic product rose at a revised 3.2% annualized pace in the fourth quarter, compared with a prior estimate of 3.3%. Consumer spending advanced at a 3% rate, faster than initially estimated, Bureau of Economic Analysis figures showed Wednesday. Inflation was revised higher.</p><p style=\"text-align: start;\">Last year the economy expanded 2.5%, marking an acceleration from 2022 and far outperforming the broader eurozone and Japan.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/cdc75a053085134a9bc75ab672a07722\" title=\"\" tg-width=\"944\" tg-height=\"426\"/></p><p>The economy last year ended up surprising many economists who expected the US would slip into a recession after aggressive Federal Reserve interest-rate hikes. Instead, a robust labor market supported consumer spending and kept the economy moving forward.</p><p>While economists largely expect growth to cool somewhat this year as high borrowing costs restrain household demand and business investment, they still anticipate the US can avoid a downturn.</p><p style=\"text-align: start;\">The Fedโs preferred inflation metric โ the personal consumption expenditures price index โ rose at a 1.8% annual rate in the fourth quarter. Excluding food and energy, the gauge increased at a 2.1% pace, the Bureau of Economic Analysis report showed. Both were marginally higher than initially estimated.</p><p style=\"text-align: start;\">Inventories subtracted 0.27 percentage point from GDP, compared with a slight boost in the initial fourth-quarter estimate. Personal consumption added 2 points.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US GDP Revised Slightly Lower Despite Stronger Consumer Spending</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUS GDP Revised Slightly Lower Despite Stronger Consumer Spending\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-02-28 21:30 GMT+8 <a href=https://www.bloomberg.com/news/articles/2024-02-28/us-economy-expanded-at-a-revised-3-2-pace-in-fourth-quarter><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The US economy expanded at a slightly slower rate at the end of last year as a downward revision to inventories masked stronger household spending and investment.Gross domestic product rose at a ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2024-02-28/us-economy-expanded-at-a-revised-3-2-pace-in-fourth-quarter\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"้็ผๆฏ"},"source_url":"https://www.bloomberg.com/news/articles/2024-02-28/us-economy-expanded-at-a-revised-3-2-pace-in-fourth-quarter","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1178537878","content_text":"The US economy expanded at a slightly slower rate at the end of last year as a downward revision to inventories masked stronger household spending and investment.Gross domestic product rose at a revised 3.2% annualized pace in the fourth quarter, compared with a prior estimate of 3.3%. Consumer spending advanced at a 3% rate, faster than initially estimated, Bureau of Economic Analysis figures showed Wednesday. Inflation was revised higher.Last year the economy expanded 2.5%, marking an acceleration from 2022 and far outperforming the broader eurozone and Japan.The economy last year ended up surprising many economists who expected the US would slip into a recession after aggressive Federal Reserve interest-rate hikes. Instead, a robust labor market supported consumer spending and kept the economy moving forward.While economists largely expect growth to cool somewhat this year as high borrowing costs restrain household demand and business investment, they still anticipate the US can avoid a downturn.The Fedโs preferred inflation metric โ the personal consumption expenditures price index โ rose at a 1.8% annual rate in the fourth quarter. Excluding food and energy, the gauge increased at a 2.1% pace, the Bureau of Economic Analysis report showed. Both were marginally higher than initially estimated.Inventories subtracted 0.27 percentage point from GDP, compared with a slight boost in the initial fourth-quarter estimate. Personal consumption added 2 points.","news_type":1},"isVote":1,"tweetType":1,"viewCount":271,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9948299253,"gmtCreate":1680709350273,"gmtModify":1680710191334,"author":{"id":"3577169620233269","authorId":"3577169620233269","name":"KennyHo11","avatar":"https://community-static.tradeup.com/news/f560900c97ba79c0bdfbb803edcfbf23","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3577169620233269","authorIdStr":"3577169620233269"},"themes":[],"htmlText":"๐๐ผ๐๐ผ๐๐ผ๐๐ผ","listText":"๐๐ผ๐๐ผ๐๐ผ๐๐ผ","text":"๐๐ผ๐๐ผ๐๐ผ๐๐ผ","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9948299253","isVote":1,"tweetType":1,"viewCount":210,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9093153246,"gmtCreate":1643575248100,"gmtModify":1676533831557,"author":{"id":"3577169620233269","authorId":"3577169620233269","name":"KennyHo11","avatar":"https://community-static.tradeup.com/news/f560900c97ba79c0bdfbb803edcfbf23","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3577169620233269","authorIdStr":"3577169620233269"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9093153246","repostId":"9004448317","repostType":1,"repost":{"id":9004448317,"gmtCreate":1642676525258,"gmtModify":1676533734534,"author":{"id":"3527667667103859","authorId":"3527667667103859","name":"TigerEvents","avatar":"https://community-static.tradeup.com/news/c266ef25181ace18bec1262357bbe1a8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3527667667103859","authorIdStr":"3527667667103859"},"themes":[],"title":"Join Tiger Ski Championship, Win a Bonus of Up to USD 2022","htmlText":"2022 is the Year of Tiger in Chinese lunar calendar, itโs also a special year for Tiger Brokers. 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