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Fourth-quarter GDP report scheduled for Wednesday (today) delayed because of shutdown, BEA says
https://www.cnbc.com/2019/01/28/fourth-quarter-gdp-report-scheduled-for-wednesday-to-be-delayed-because-of-shutdown-bea-says.htmlIt was due out today, Wednesday January 30 at 830 AM ET.
"Until we know more about when source data will be available, we cannot say anything definitive about release dates for specific economic indicators," the BEA said in a press release Monday. "We will work through this as quickly as possible and provide information as soon as we can."
Director of the National Economic Council Larry Kudlow said in a press conference Monday afternoon that the GDP report will come sometime next week.
The first look at GDP for the last quarter of 2018 will be a big market mover when it is finally released. GDP likely increased by 2.6 percent in the fourth quarter, according to the consensus economist estimates from FactSet, down from a 3.4 percent pace in the prior quarter.
Director of the National Economic Council Larry Kudlow said in a press conference Monday afternoon that the GDP report will come sometime next week.
The first look at GDP for the last quarter of 2018 will be a big market mover when it is finally released. GDP likely increased by 2.6 percent in the fourth quarter, according to the consensus economist estimates from FactSet, down from a 3.4 percent pace in the prior quarter.
MAGA!
