GDP not up to snuff

Written January 27, 2012 at 8:36 AM EST by  

Headline 2.8%
Consumption 2% vs 2.4% expected (Contributed 1.45%
Investment rose 20% (Contributed 2.35%)
Government  -4.6% (Subtracted -0.93%)

Exports rose 4.7% (Net Exports subtracted -0.11%)
Imports rose by 4.4%

Inventories (which are part of Investment) added 56B. This contributed 1.94% of the 2.35% gain in investments.

Real Final Sales rose by 0.4% vs +2.6% last quarter. 
Unannualized, GDP rose by 0.7% QoQ vs 0.5%. This was the highest reading since 2Q of 2010

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