From an industry perspective, private services-producing areas increased by 2.4%, while goods-producing industries increased by 2.3%. The government’s production increased by 2.7%, promoting the increasing role of fiscal expenditure. The actual gross production expanded a total of 1.7%, with an increase of 3.1% in government production.
Inflation trend is stable
Price index for gross domestic procurement increased by 2.2% in Q4, slightly reduced, while core personal consumption expenditure (PCE) index increased by 2.6%, which decreased by 0.1 points. These amendments suggest that inflation pressure is re -coming back, reinforcing the cautious attitude of the Federal Reserve. A comprehensive measure of the average-economic activity of real GDP and GDI was at 3.5%, which highlights a strong income-side growth of 4.5% in Q4.
See corporate profits strong rebounds
Q3 increased by $ 15.0 billion in Q3, corporate profits increased by $ 204.7 billion. For the whole year, the profit increased by $ 281.3 billion, reflecting better margins and operational efficiency in benefits. 2024 GDP expanded 2.8% annually, reduced the benefits in consumer expenses, investment, government expenditure and exports. Services and freight-producing areas posted a solid growth of 2.8% and 3.4% respectively.
Unemployed claims signal flexible labor market
The initial unemployed claims fell to 224,000 for the week ended on 22 March, the average of four weeks also fell to 224,000. Constant claims declined by 25,000 to 1.856 million, while the insured unemployment rate stood at 1.2%. Despite the isolated sorting in areas such as data transport and manufacturing, a stable labor indicates the market. States such as Michigan and Texas saw localized growth, while California and Illinois recorded a significant decrease.
Market forecast: vigilance bullish bias
GDP modifications upwards, solid income and profit data, and inflation indicators are carefully rapidly supported short -term approaches. Inflation in stable labor market and subjugation reduces immediate negative risks, although the tenderness of investment and global headwinds may be reversed. Equity and risk assets may get close-term support, while the rates can see pricing adjusted to a potential fed stagnation.
