Gross Domestic Product (GDP) Advance Released Today for Q4 2005
U.S. Gross Domestic Product (GDP) numbers for Q4a of 2005 were released today:
Consensus: 2.8 %
Actual: 1.1 %
The above percentages represent the quarter-to-quarter change in the Gross Domestic Product for the United States. The "consensus" is what economists were expecting, while the "actual" is the actual or real figure.
The GDP is a very broad measure of economic activity for the entire United States, covering all sectors of the economy.
Economists weren't expecting the 13% drop in defense spending for the quarter.
Consensus: 2.8 %
Actual: 1.1 %
The above percentages represent the quarter-to-quarter change in the Gross Domestic Product for the United States. The "consensus" is what economists were expecting, while the "actual" is the actual or real figure.
The GDP is a very broad measure of economic activity for the entire United States, covering all sectors of the economy.
Economists weren't expecting the 13% drop in defense spending for the quarter.
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