Hi, Mark. Have you seen the GDP-numbers. These are REALLY bad numbers. Long-bond yield was down to about 6.65 on the numbers. What do you think?
<14:34> WASHINGTON, Oct 30 (Reuter) - Commerce seasonally adjusted GDP data on a chain-weighted basis. Following are annualized percent changes from prior quarters, in 1992 chain dollars. - Q3-A---Q2-F---Q1-F---1995 Gross Domestic Product 2.2 4.7 2.0 2.0 Final Sales Domest.Product 0.3 4.1 3.0 2.4 GDP Price Index 1.9 2.2 2.3 2.5 Implicit Price Deflator 1.6 1.8 2.2 2.5 Consumer Spending 0.4 3.4 3.5 2.3 -Durable Goods -0.8 11.4 8.2 3.2 -Nondurable Goods -0.3 1.3 3.7 2.3
<14:43> Pct Change,'92 chain dlrs: Q3-A---Q2-F---Q1-F---1995 Consumer Spending-Services 1.1 2.7 2.4 2.2 Business Investment 14.7 3.8 11.6 9.5 Housing Investment -5.8 16.3 7.4 -2.3 Exports of Goods/Svcs 0.6 5.6 1.8 8.9 Imports of Goods/Svcs 8.3 9.9 10.6 8.0 Govt.Purchases/Investment -1.4 7.7 1.6 Unch -Federal -4.0 9.4 6.0 -3.6 -State and Local 0.2 6.7 -0.9 2.4 Note: Advance (A) is first estimate, Preliminary (P) is second estimate, and Final (F) is last estimate for the quarter. Seasonally adjusted annual rates, in blns of '92 chain dlrs: - Q3-A-----Q2-F-----Q1-F----1995 Gross Domestic Product 6,929.7 6,892.6 6,814.3 6,742.9 Final Sales Dom.Product 6,889.6 6,884.7 6,815.2 6,708.9 Consumer Spending 4,692.8 4,687.6 4,649.1 4,577.8 -Durable Goods 614.4 615.6 599.2 579.8 -NonDurable Goods 1,439.6 1,440.9 1,436.1 1,421.9 -Services 2,639.7 2,632.3 2,614.7 2,577.0 Business Investment 776.6 750.5 743.5 714.3 Housing Investment 277.4 281.5 271.1 262.8 A-Advance. P-Preliminary. F-Final. Blns of '92 chain dlrs: Q3-A-----Q2-F-----Q1-F-----1995 Inventory Change 39.6 7.1 -3.0 33.1 -NonFarm 41.2 11.7 2.9 37.2 -Farm -2.2 -5.1 -6.5 -4.7 Net Exports Goods/Svcs -132.2 -114.7 -104.0 -107.6 -Exports 819.1 817.9 806.7 775.4 -Imports 951.3 932.6 910.7 883.0 Government Purchases 1,273.7 1,278.2 1,254.7 1,260.2 -Federal 468.7 473.4 462.9 472.3 -State and Local 805.9 805.5 792.6 788.6 A-Advance. P-Preliminary. F-Final.
Andy |