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Strategies & Market Trends : Option Trades -- Ignore unavailable to you. Want to Upgrade?

To: zx who wrote (1791)	1/29/2000 2:05:00 PM
From: zx	Read Replies (1) \| Respond to of 2341

GROSS DOMESTIC PRODUCT (Advanced):FOURTH QUARTER 1999 Real gross domestic product -- the output of goods and services produced by labor and property located in the United States -- increased at an annual rate of 5.8 percent in the fourth quarter of 1999, according to advance estimates released by the Commerce Department's Bureau of Economic Analysis. In the third quarter, real GDP increased 5.7 percent. The Bureau emphasized that the fourth-quarter "advance" estimates are based on source data that are incomplete or subject to further revision by the source agency (see the box on page 3). The fourth- quarter "preliminary" estimates, based on more comprehensive data, will be released on February 25, 2000. The major contributors to the increase in real GDP in the fourth quarter were: Personal consumption expenditures, government spending, inventory investment, and exports. The contributions of these components were partially offset by the effects of an increase in imports. The price index for gross domestic purchases, which measures prices paid by U.S. residents, increased 2.3 percent in the fourth quarter, compared with an increase of 1.7 percent in the third. Excluding food and energy prices, the price index increased 2.0 percent in the fourth quarter, compared with an increase of 1.2 percent in the third. Real personal consumption expenditures increased 5.3 percent in the fourth quarter, compared with an increase of 4.9 percent in the third. Durable goods purchases increased 11.8 percent, compared with an increase of 7.7 percent. Nondurable goods increased 6.1 percent, compared with an increase of 3.6 percent. Services expenditures increased 3.5 percent, compared with an increase of 5.0 percent.