Author: admin   Add date: 05/01/2009   Publishing date: 05/01/2009   Hits: 0

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Release Notes: This report measures the monetary value of all goods and services produced in a country's borders in a given period of time. GDP calculated on an annual basis, is the most wide-ranging activities to measure, mainly to measure the overall health of economies. It includes all of the company and personal consumption, government spending, investment and exports minus imports, took place in a defined territory. TheLFB - Forex.com trade group pointed out that a strong annual gross domestic product is expected to lead to strong investment in the economy, especially from overseas. A weak annual gross domestic product would normally be expected to lead to economic slowdown in the business cycle. The annual forecast is the same as the number of important practical issue. A reflection of what is the value of economic production, gross domestic product will inevitably have a knock-on effect in all other economic data, over a period of time: Tourism data, as overseas investors wishing to participate in future growth, or liquidation of the investment is entering a period of economic contraction. Consumer Price Index, since reducing the prospect of gross domestic product will reduce the future rate of inflation, increasing the prospects for GDP may lead to inflationary pressures. Retail sales, consumer confidence, personal consumption expenditures, they are affected by the strength or weakness of the gross domestic product. The volatility of the release, because only the aircraft in order not to account for the amount of 0.5 percent could be moved, resulting in the re-combination of instability in the currency position. TheLFB - Forex.com Trade Desk Thoughts: real gross domestic product (GDP) will contract in the annual rate of 6.1% in the first quarter of 2009, the U.S. Department of Commerce said today. At present, the U.S. economy is facing the most serious since World War II performance. From a year ago, the U.S. economy shrink by 2.6% Although most officials said that the U.S. economic recovery will be the second part of the year, the current distribution caused by a number of major issues, whether these forecasts is truly sustainable, they said. Personal consumption expenditure of considerable progress, that in the first quarter from the last time. In the first quarter of 2009, personal spending increased by 2.2%, compared with 4.3 percent decline in the fourth quarter. In particular of consumer durables increased by 9.4%, 22.1% decline in the first quarter after the last. However, in addition to consumer spending, the other major part of declining gross domestic product in the first quarter of this year. Fixed investment fell 37.9 percent, the first quarter of 2009, 21.7% in the fourth quarter, a decrease of 2008. Non-residential construction 44.2% lower in the first three months of the year this year, compared with a decrease of 9.4 percent in the fourth quarter of 2008. Real exports of goods and services dropped 30.0 percent, compared to the first quarter decreased by 23.6%, in the fourth. Actual imports of goods and services dropped 34.1 percent. Real change in private inventories subtracted 2.79 percentage points, from the first quarter of the actual changes in GDP after subtracting 0.11 percentage points, from changes in the fourth quarter. Private companies to reduce inventories 103.7 billion U.S. dollars in the first quarter, the biggest drop since 1947. Federal Government expenditure fell by 4.0%, reversing the trend seen in the fourth quarter, over the past few quarters. Technical response to the Exchange: Standard x26 Poor's 500 index futures fell 4 points, in the release, but to resume soon. The release of a weak reaction in the foreign exchange market, with major currency rebound from the intraday high.

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