Thursday, May 26, 2011

Copy Catch: US GDP

The Dow at 115: It's Close Relationship to GDP‎
Rise in jobless claims hits stock futures
US Stocks Lower on Jobless Claims Increase and GDP Estimate of 1.8%‎

Consumer Spending Cools More Than Estimated (The smaller gain in pay dwarfed the slowdown in spending, pushing the savings rate down to 5.1 percent in the first quarter from a prior estimate of 5.7 percent...Manufacturing, which accounts for 12 percent of the economy, is slowing this quarter...Economists at Goldman Sachs Group Inc. and JPMorgan Chase & Co. in New York each cut second-quarter growth forecasts by half a percentage point this week, citing setbacks in vehicle output caused by supply disruptions. Goldman trimmed its projection to 3 percent, while JPMorgan lowered it to 2.5 percent.)

Oil lower on disappointing jobs, GDP reports‎
Crude oil ends lower as GDP disappoints‎
Poor GDP Data Erases Oil Futures Gains‎
Disappointing US Unemployment, GDP Reports Sink Dollar‎
Emerging Stocks Rally Most in Five Weeks on South Korea, U.S. GDP Outlook

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