A nice jump in the US final GDP revision

The fourth and final US GDP revision for the fourth quarter of 2015 showed that the economy grew by an extra 0.4% comparing to what was previously estimated. The last reading showed that the US economy expanded by 1.0% in the Q4 2015 but this final revision takes that number to 1.4%. The consumption also jumped to 2.4% from 2.0% and the durable goods orders was revised to 3.8% from 3.4%. These are some good revisions but the US Dollar isn´t reacting.  

ABOUT THE AUTHOR See More

Skerdian Meta

Lead Analyst

Skerdian Meta Lead Analyst. Skerdian is a professional Forex trader and a market analyst. He has been actively engaged in market analysis for the past 11 years. Before becoming our head analyst, Skerdian served as a trader and market analyst in Saxo Bank's local branch, Aksioner. Skerdian specialized in experimenting with developing models and hands-on trading. Skerdian has a masters degree in finance and investment.

Related Articles