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Friday, April 27, 2012

Q1 GDP & Q1 Employment Cost Index - 4/27/12

Q1 GDP (first estimate): +2.2% vs. +2.5% forecast, +3.0% previous. Final sales +1.6% vs. +2.1% forecast, +1.1% previous. Price index +2.4%, +1.2% previous. Core price index +2.0%, +1.4% previous.
Q1 Employment Cost Index: +0.4% for the past three months. Year-on-year, civilian worker costs +1.9% vs. a 1.5% increase among government employees

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