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Gross Domestic Product

By Charles Payne, CEO & Principal Analyst

This morning, the GDP release came in short of expectations at 2.6%, but there is a good chance future revision could land the final number at 3%.  That said, individual components didn’t disappoint. 

Personal Consumption Expenditures 3.8%

  • Goods
  • Durable 14.2%
  • Non-Durable 5.2%

Final Sales 3.2% (best since 3Q14)

Final Sales Domestic 4.3% (best 3Q14)

Charles Payne
Wall Street Strategies


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