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Fourth-quarter GDP up 4.1%

According to the government report of the day in the United States, the GDP of the fourth quarter grew at a rate of 4.1%, a level close to expectations …

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(Boursier.com) – According to today’s government report in the United States, fourth-quarter GDP grew at a rate of 4.1%, a level close to consensus expectations (+ 4.2%), against a previous estimate of 4%. This is the second of three estimates of US quarterly GDP. Recall that US growth had reached a record of more than 33% in the third quarter of 2020, after a plunge explained by the health crisis. The price index linked to GDP climbed 2.1% in the fourth quarter, against 2% consensus.

US durable goods orders for the month of January rose sharply by 3.4%, against a consensus of 1% and an increase of 0.5% a month earlier. Excluding transport, orders improved by 1.4% in January, against 0.6% consensus and 1.1% a month before.

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