SÃO PAULO – In the second quarter of 2016, the expansion of GDP (Gross Domestic Product) the United States was 1.1% year on year, according to the second prior released on Friday (26). The number was in line with the median of market expectations, which were that the growth was 1.1% according to the consensus of Bloomberg. The first preview was pointed out that the annual growth was 1.2%.
The number shown below was previously reported. Among the highlights, corporate profits fell again and profits before taxes adjusted fell 1.2%, marking the fifth decline in the last six months. Analysis published in the American press point out that it is unlikely that the economy will grow faster unless there is a turnaround in profits.
The GDP measures the sum of all goods and services produced in the economy in a given period. Looked at from the perspective of demand, it is made up of five components: consumption, investment, government spending, inventory level and balance of foreign trade. Consumption accounts for nearly two-thirds of the US GDP and is one of the less volatile components.
(Shannon Stapleton / Reuters)
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