This page has been archived and commenting is disabled.

Today's Events: Q4 GDP First Estimate

Tyler Durden's picture
Submitted by Tyler Durden on 01/27/2012 08:54 -0400



 

8:30: GDP (Q4-Advance): Above trend.  Higher than consensus, Goldman forecasts that real GDP growth accelerated in the fourth quarter to an annualized rate of 3.3%. The firm expects that growth in domestic final sales—personal consumption expenditures (PCE), business fixed investment, housing and government spending—contributed about 2.0 percentage points (pp) to the quarter’s growth rate. The remainder of growth during the quarter should come from a rebound in inventory accumulation and a decline in the trade deficit.

GDP: GS: +3.3%; Consensus: +3.0%; Last (Q3-Final) +1.8%.
GDP price index: GS: +1.0%; Consensus: +1.9%; Last: +2.6%.
PCE core index: GS: +0.9%; Consensus: +0.9%; Last: +2.1%.

9:55: Reuters/University of Michigan consumer sentiment (January final): Flat. Consensus forecasts expect a flat reading for the final January consumer sentiment index. This seems appropriate given the signals from the daily and weekly measures of confidence released through the month.

Consensus: 74.0; Last: 74.0 (January prelim).

 10.00: New York Fed President William Dudley on the regional economy. Q&A expected.

Source: GS

 
»

- advertisements -

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
Fri, 01/27/2012 - 09:10 | 2102052 slaughterer
slaughterer's picture

First estimates have a pattern of being generous.  The Squid knows this. 

Fri, 01/27/2012 - 09:00 | 2102055 youngman
youngman's picture

Yes...it will be high...it is an election year....

Fri, 01/27/2012 - 09:00 | 2102056 Irish66
Irish66's picture

Michigan has been very happy in the past, they won't be flat

Fri, 01/27/2012 - 09:03 | 2102059 chinaguy
chinaguy's picture

Futures don't support a blow out...since these numbers have already been leaked.

Fri, 01/27/2012 - 09:06 | 2102065 fonzannoon
fonzannoon's picture

I thought that there would have to be a downward revision in GDP to account for the fact that the real estate figures were double counted or something for the last 5 years. That means nothing now? Already discounted?

Fri, 01/27/2012 - 09:13 | 2102077 HD
HD's picture

I love how people wait on pins and needles for these numbers and then ignore the revisions.

Fri, 01/27/2012 - 09:43 | 2102089 DeadFred
DeadFred's picture

It will be good for Romney if the S&P hits multiyear highs before Florida don't you think? I'm betting the Bureau of Fictitious Data (BFD) prints the normal over estimate for the first GDP guess and of course 2 or 3 sigma over consensus on how consumers like the economy. We are still in the bull        rally channel. 

Oops! And it's a miss, it seems like we are on the "Let's give the Fed ammo" path, or maybe the the "Let's confuse everyone" path. It couldn't possibly be honest data.

Fri, 01/27/2012 - 09:29 | 2102102 Chuck Walla
Chuck Walla's picture

And there will be unicorns shooting  Skittles out their asses.  Braack will make every adverse business event into a racist attack on his munificent dictatorship until business decisions are subordinated to Braack's Imperial Ascension.

Fri, 01/27/2012 - 12:09 | 2102644 DosZap
DosZap's picture

Just got it, 1.7 GDP for the Year.

That ought to just about elect anyone except Obummer.

Fri, 02/24/2012 - 05:18 | 2192085 sikefeier0728
sikefeier0728's picture

http://www.cheapredbottomheels.com/ red bottom heels

http://www.cheapredbottomheels.com/ red bottom shoes

http://www.cheapredbottomheels.com/ red sole heels

http://www.cheapredbottomheels.com/ red sole shoes

http://www.cheapredbottomheels.com/ christian louboutins

http://www.cheapredbottomheels.com/ cheap red bottom shoes

http://www.cheapredbottomheels.com/ cheap red bottom heels

http://www.cheapredbottomheels.com/Christian-Louboutin-Big-Lips-120mm-Suede-Pumps-Pony-Hair-Red-cxv-111.html christian louboutin big lips pumps

http://www.cheapredbottomheels.com/Christian-Louboutin-Pigalle-Plato-120mm-Cork-Pumps-Naturale-cxv-213.html Christian Louboutin Pigalle Plato 120

http://www.cheapredbottomheels.com/Christian-Louboutin-Sigourney-Ankle-Boots-Metallic-Black-cxv-531.html christian louboutin sigourney ankle boots

http://www.cheapredbottomheels.com/Christian-Louboutin-Bourge-100mm-Leather-Boots-Black-cxv-445.html Christian Louboutin Bourge 100mm

http://www.cheapredbottomheels.com/Christian-Louboutin-Rantus-Orlato-High-Top-Men-s-Sneakers-Multicolor-cxv-231.html christian louboutin rantus orlato sneakers

http://www.cheapredbottomheels.com/Christian-Louboutin-Rollerboy-Flat-Spikes-Mens-Flat-Shoes-Black-cxv-364.html Christian Louboutin Rollerboy Spikes

http://www.cheapredbottomheels.com/Christian-Louboutin-Toutenkaboucle-150mm-Buckle-Sandals-Beige-cxv-300.html Christian Louboutin Toutenkaboucle

http://www.cheapredbottomheels.com/Christian-Louboutin-Change-Of-The-Guard-150-Sandals-Mint-cxv-241.html Louboutin Change Of The Guard 150

http://www.cheapredbottomheels.com/Christian-Louboutin-Maggie-140mm-Glitter-Watersnake-Pumps-Nude-Gold-cxv-675.html christian louboutin maggie pumps

Fri, 02/24/2012 - 05:20 | 2192094 sikefeier0728
sikefeier0728's picture

http://www.cheapredsoleshoes.org/ christian louboutin

http://www.cheapredsoleshoes.org/ red bottom Shoes

http://www.cheapredsoleshoes.org/ red sole shoes

http://www.cheapredsoleshoes.org/ red sole heels

http://www.cheapredsoleshoes.org/ red bottom pumps

http://www.cheapredsoleshoes.org/ cheap red bottom pumps

http://www.cheapredsoleshoes.org/ red bottom heels

http://www.cheapredsoleshoes.org/ cheap red sole shoes

http://www.cheapredsoleshoes.org/ cheap red bottom shoes

http://www.cheapredsoleshoes.org/Christian-Louboutin-Daffodile-160mm-Aurora-Boreale-cxv-239.html christian louboutin daffodile 160 in strass

http://www.cheapredsoleshoes.org/Christian-Louboutin-Daffodile-160-Suede-Pumps-Purple-cxv-150.html cheap 160 daffodile pumps

http://www.cheapredsoleshoes.org/Christian-Louboutin-Decollete-100-mm-Pumps-Black-cxv-12.html christian louboutin decollete

http://www.cheapredsoleshoes.org/Christian-Louboutin-Louis-Silver-Spikes-Men-s-Sneakers-Black-Patent-Leather-cxv-328.html louboutin spiked sneakers

http://www.cheapredsoleshoes.org/Christian-Louboutin-Volpi-150mm-Sandals-Emeraude-cxv-749.html christian louboutin volpi 150

http://www.cheapredsoleshoes.org/Christian-Louboutin-Hyper-Prive-120mm-Glitter-Pumps-Golden-cxv-526.html Christian Louboutin Hyper Prive

http://www.cheapredsoleshoes.org/Christian-Louboutin-Ron-Ron-100-Patent-Leather-Pumps-Nude-cxv-709.html christian louboutin ron ron pumps

http://www.cheapredsoleshoes.org/Christian-Louboutin-Sex-120mm-Patent-Leather-Pumps-Nude-cxv-507.html Christian Louboutin Sex 120

Do NOT follow this link or you will be banned from the site!