Register - 2021 Supply Chain Insights webcast to be the first to learn what trends are shaping the global supply ch… https://t.co/mGp2Vf9ctN
US Monthly GDP Index for December 2020
Monthly GDP was essentially flat in December following a 1.2% decline in November that was revised lower by 0.4 percentage point. The flat reading in December reflected declines in personal consumption expenditures and inventory investment that were essentially offset by increases in nonresidential fixed investment, residential fixed investment, net exports, and the portion of monthly GDP not covered by the monthly source data. The level of GDP in December was 1.7% below the fourth-quarter average at an annual rate. Implicit in our latest tracking forecast of 3.1% annualized growth in the first quarter is a jump in GDP in January that reverses the weakness over the prior two months.
IHS Markit's index of Monthly GDP (MGDP) is a monthly indicator of real aggregate output that is conceptually consistent with real Gross Domestic Product (GDP) in the National Income and Product Accounts. The Monthly GDP Index is consistent with the NIPAs for two reasons: first, MGDP is calculated using much of the same underlying monthly source data that is used in the calculation of GDP. Second, the method of aggregation to arrive at MGDP is similar to that for official GDP. Growth of MGDP at the monthly frequency is determined primarily by movements in the underlying monthly source data, and growth of MGDP at the quarterly frequency is nearly identical to growth of real GDP.
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From today's Capital Markets Weekly: Along with Greece’s first zero coupon bond, Chile issued further ESG debt this… https://t.co/4W8dRtSVj3
Postponed Palestinian legislative election likely to trigger protests, recriminatory action, affecting mainly Pales… https://t.co/k1blfja74W