TABLE-U.S. Q1 GDP revised to +3.0 pct

May 27 (BestGrowthStock) – Commerce Departments Bureau of
Economic Analysis seasonally adjusted Gross Domestic
Product data on a chain-weighted basis.

Following are annualized percent changes from prior
quarters, in 2005 chain dollars:

Q1-P Q1-A Q4 2009
GDP 3.0 3.2 5.6 -2.4
Final Sales of
Dom. Product 1.4 1.6 1.7 -1.7
Final Sales to
Dom. Buyers 2.0 2.2 1.4 -2.7
PCE price index 1.5 1.5 2.5 0.2
Core PCE price index 0.6 0.6 1.8 1.5
Mkt-based PCE price
index 1.4 1.4 2.2 0.3
Core Mkt-based index 0.3 0.3 1.3 1.9
GDP price index 1.0 0.9 0.5 1.2
Implicit Deflator 1.1 0.9 0.5 1.2
Consumer Spending 3.5 3.6 1.6 -0.6

Durable Goods 12.2 11.3 0.4 -3.9

NonDurable Goods 4.0 3.9 4.0 -1.0

Services 2.0 2.4 1.0 0.1
Business Investment 3.1 4.1 5.3 -17.8
Structures -15.3 -14.0 -18.0 -19.8
Equipment/software 12.7 13.4 19.0 -16.6
Housing Investment -10.7 -10.9 3.8 -20.5
Exports 7.2 5.8 22.8 -9.6
Imports 10.4 8.9 15.8 -13.9
Government Purchases -1.9 -1.8 -1.3 1.8
Federal 1.2 1.4 0.0 5.2
State and Local -3.9 -3.8 -2.2 -0.2
A-Advance (1st estimate). P-Preliminary (2nd). F-final (3rd.)
Seasonally adjusted annual rates, in blns of 2005 chain dlrs:

Q1-P Q1-A Q4 2009
GDP 13,248.2 13,254.7 13,149.5 12,987.4
Final Sales of
Dom.Product 13,226.7 13,235.7 13,181.9 13,110.7
Final Sales to
Dom. Buyers 13,590.5 13,597.9 13,524.1 13,458.8
Consumer Spending 9,368.7 9,372.7 9,289.5 9,235.1

Durable Goods 1,156.6 1,154.2 1,123.7 1,101.4

NonDurable Goods 2,073.5 2,073.2 2,053.4 2,037.0

Services 6,136.4 6,142.4 6,105.9 6,087.8
Business Investment 1,295.4 1,298.3 1,285.5 1,291.0
Structures 347.0 348.3 361.7 390.3
Equipment/software 946.8 948.3 918.9 890.7
Housing Investment 352.8 352.6 362.9 358.7
Business Inventory Change 33.9 31.1 -19.7 -108.2
Farm -3.4 -3.7 -5.9 -0.4
Nonfarm 37.6 34.9 -13.7 -108.3
Net Exports Goods/Svcs -368.3 -367.0 -348.0 -355.6
Exports 1,584.1 1,578.8 1,556.8 1,472.4
Imports 1,952.4 1,945.8 1,904.8 1,828.0
Govt. Purchases 2,564.4 2,565.3 2,576.9 2,564.6
Federal 1,046.5 1,046.9 1,043.4 1,026.6
State and Local 1,521.7 1,522.1 1,537.0 1,541.0
A-Advance (1st estimate). P-Preliminary (2nd). F-final (3rd).

FORECASTS:

Reuters survey of U.S. economists forecast for
Preliminary Q1:

+3.4 pct for real GDP

+0.9 pct for Implicit Deflator

+1.7 pct for Final Sales

+0.6 pct for Core PCE price index

+1.5 pct for PCE price index

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TABLE-U.S. Q1 GDP revised to +3.0 pct