{"id":231264,"date":"2024-06-12T06:27:45","date_gmt":"2024-06-12T06:27:45","guid":{"rendered":"https:\/\/michigandigitalnews.com\/index.php\/2024\/06\/12\/gdp-gdo-gdp-econbrowser\/"},"modified":"2025-06-25T17:17:18","modified_gmt":"2025-06-25T17:17:18","slug":"gdp-gdo-gdp-econbrowser","status":"publish","type":"post","link":"https:\/\/michigandigitalnews.com\/index.php\/2024\/06\/12\/gdp-gdo-gdp-econbrowser\/","title":{"rendered":"GDP, GDO, GDP+ | Econbrowser"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div id=\"post-52527\">\n\t\t\t\t<!-- .entry-header --><\/p>\n<div class=\"entry-content\">\n<p>All have a positive gradient in Q1.<\/p>\n<p><a href=\"https:\/\/econbrowser.com\/wp-content\/uploads\/2024\/06\/gdppix_may24b.png\"><img fetchpriority=\"high\" fetchpriority=\"high\" decoding=\"async\" class=\"alignnone size-full wp-image-52528\" src=\"https:\/\/econbrowser.com\/wp-content\/uploads\/2024\/06\/gdppix_may24b.png\" alt=\"\" width=\"1036\" height=\"576\" srcset=\"https:\/\/econbrowser.com\/wp-content\/uploads\/2024\/06\/gdppix_may24b.png 1036w, https:\/\/econbrowser.com\/wp-content\/uploads\/2024\/06\/gdppix_may24b-300x167.png 300w, https:\/\/econbrowser.com\/wp-content\/uploads\/2024\/06\/gdppix_may24b-1024x569.png 1024w, https:\/\/econbrowser.com\/wp-content\/uploads\/2024\/06\/gdppix_may24b-768x427.png 768w, https:\/\/econbrowser.com\/wp-content\/uploads\/2024\/06\/gdppix_may24b-624x347.png 624w\" sizes=\"(max-width: 1036px) 100vw, 1036px\"\/><\/a><\/p>\n<p><em><strong>Figure 1:<\/strong> GDP (bold black), GDO (tan), and GDP+ (sky blue), all in bn.Ch.2017$ SAAR. GDP, GDO based on 2nd release. Small % at right are Q1 SAAR growth rates. Source: BEA, <a href=\"https:\/\/www.philadelphiafed.org\/surveys-and-data\/real-time-data-research\/gdpplus\">Philadelphia Fed<\/a>, author\u2019s calculations.<\/em><\/p>\n<p>Note that GDO for 2023Q4 is revised down, while my estimate for GDO for 2024Q1was too low (see this <a href=\"https:\/\/econbrowser.com\/archives\/2024\/04\/gdp-nowcasts-and-estd-gdo-gdp-and-final-sales\">post<\/a>); the level of GDO is 0.2 ppts above what I guessed.<\/p>\n<p>Final sales, a measure of aggregate demand, grew at 1.7% q\/q SAAR.<\/p>\n<\/p><\/div>\n<p><!-- .entry-content --><\/p>\n<footer class=\"entry-meta\">\n\t\t\tThis entry was posted on <a href=\"https:\/\/econbrowser.com\/archives\/2024\/06\/gdp-gdo-gdp-2\" title=\"10:20 pm\" rel=\"bookmark\"><time class=\"entry-date\" datetime=\"2024-06-11T22:20:33-07:00\">June 11, 2024<\/time><\/a><span class=\"by-author\"> by <span class=\"author vcard\"><a class=\"url fn n\" href=\"https:\/\/econbrowser.com\/archives\/author\/menzie_chinn\" title=\"View all posts by Menzie Chinn\" rel=\"author\">Menzie Chinn<\/a><\/span><\/span>.\t\t\t\t\t\t\t\t<\/footer>\n<p><!-- .entry-meta -->\n\t<\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/econbrowser.com\/archives\/2024\/06\/gdp-gdo-gdp-2\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] All have a positive gradient in Q1. Figure 1: GDP (bold black), GDO (tan), and GDP+ (sky blue), all in bn.Ch.2017$ SAAR. GDP, GDO<\/p>\n","protected":false},"author":1,"featured_media":231265,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[155],"tags":[],"_links":{"self":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts\/231264"}],"collection":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/comments?post=231264"}],"version-history":[{"count":0,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts\/231264\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/media\/231265"}],"wp:attachment":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/media?parent=231264"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/categories?post=231264"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/tags?post=231264"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}