US: Revised GDP rose by 2.2% annual rate 4 quarters (Cont’d) – Dagens Industri

US Revised GDP rose by 2.2% annual rate Q4 (Continued)

                  2015-03-27 13:35
             

 (Supplement the last paragraphs)       (SIX) US GDP grew by revised 2.2 per cent during the  the fourth quarter of 2014, compared with the previously  assessment of +2.2 percent.       GDP deflator was measured at +0.1 percent annual rate, which may  compared with the previous assessment was +0.1 percent.       The market had expected a GDP growth of +2.4 per cent and a  GDP deflator +0.1 percent.       The GDP deflator is an inflation measure that takes into account  price changes in producer and consumer.       The outcome for private consumption in the quarter revised up to + 4.4  percent (previous outcomes +4.2 percent).       The outcome for inflation measure, the core PCE, amounted to +1.1 percent  During the quarter, which was unrevised.       Corporate profits after tax fell by 3.0 percent in the fourth  quarter compared with the previous quarter, which was the largest  quarterly decline since the first quarter of 2011.   Corporate profits rose by 2.9 per cent, compared  with the level of 5.1 percent in the third quarter.      Erik Palmung +46 31 350 64 86  mailto: erik.palmung@six-group.se  www.blogg.six.seSIXNews  SIX News