Weekly Overview: Q1 2018 GDP numbers; ECB on QE; US bond yields soar; Other things

Q1 2018 GDP

The US, the UK, France and Spain all reported GDP numbers over the last week.

US real GDP increased at an annual rate of 2.3% in the first quarter of 2018 as per an advance estimate released by the Bureau of Economic Analysis. Read more about it here.

Personal consumption collapsed, with vehicle sale falling significantly. Business inventories were up significantly too. Total employee compensation (which includes wages and benefits) rose 2.7% over past 12 months, up from 2.4% a year ago and the highest since Q3 2008, while the household savings rate fell to a multi-year low of 3.1%.

Continue reading “Weekly Overview: Q1 2018 GDP numbers; ECB on QE; US bond yields soar; Other things”

US Q1 2018 GDP estimated at 2.3% as personal consumption collapses; wage growth highest in a decade; personal saving rate falls

US real GDP increased at an annual rate of 2.3% in the first quarter of 2018 as per an advance estimate released by the Bureau of Economic Analysis.

US GDP Q1 2018
Source: U.S. Bureau of Economic Analysis

Continue reading “US Q1 2018 GDP estimated at 2.3% as personal consumption collapses; wage growth highest in a decade; personal saving rate falls”

Parts of the European Union have seen nominal GDP per capita fall between 2007 and 2017

We have been analysing some numbers from the latest releases from Eurostat (the official statistical office of the European Union), the International Monetary Fund, the Federal Reserve, the European Central Bank, the Bank of England and the Bank of Japan.

We will be posting several findings in the next couple of days. We begin with GDP per capita between 2007 and 2017 for countries which are part of the European Union based on a statistical release from the Eurostat.

EU GDP Per Capita 2007 to 2017
Data Source: Eurostat

Continue reading “Parts of the European Union have seen nominal GDP per capita fall between 2007 and 2017”