Exact(3)
Final GDP readings for Italy failed to inspire much excitement, with an annual figure that saw the economy contract by 2.8%.
Mr Abe is likely to make his decision after final GDP figures for the third quarter are released in early December; a closely watched preliminary estimate comes out on November 17th.The problem with an increase in the consumption tax is that it hits the very people who need to spend more.
The final GDP reading for the second quarter of 2009 is due out Wednesday, and Wall Street expects it to show that the U.S. economy shrank at an annual rate of 1.2% from April through June.
Similar(57)
The bond market was bolstered by a drop in May existing home sales, though this morning's other major economic figure, final first quarter GDP, came out higher than expected.
In the final scan, GDP and GTP (with approximate retention times of 2.3 min and 2.5 min, respectively) were both detected.
So, now that the ONS has delayed publication of the third and final estimate for GDP in the first quarter of this year, it has focused even more attention on the figures.
Final 2004 U.S. GDP Shows 3.8% Growth.
The ONS publishes its third and final estimate of GDP for the third quarter on 23 December.
The final component of GDP, government spending, contracted by 0.8% due to continued cutbacks by state and local governments.
The final second-quarter GDP will hit news wires Thursday, and personal income and spending for August will be digested Friday.
Although in the short-term gas use would decline solely because of drop in final demand and GDP, price stimuli are essential to trigger energy efficiency improvements, which could bring even larger savings in the future without adverse impacts on the GDP growth.
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