The United StatesRevised figures released by the ministry of commerce, 29, according to the second quarter of the U.S. economic recovery trend estimate is more strong than before.Analysts believe that the U.S. economy toughness enhancement, is likely to makeThe federal reserveSlowed in weighing quantitative easing (qe) policies more confident.
Data show that in the second quarter gross domestic product (gdp) growing at an annual rate of 2.5%, higher than the previous estimate of 1.7%, compared with 1.1% in the first quarter.This is the lastIn the third quarterThe highest growth rate and growth rate is greater than the market consensus forecasts of a 2.2%.The data correction mainly embodies in the adjustment of import and export data, including import growth from 5.4% to 8.6%, the export growth from 9.5% to 7%.
Taken together, the United States in the second quarterEconomic growthTwo big power consumption andinvestment.Personal consumption accounted for 1.21%, accounted for 1.48% of investment in fixed assets, including non-residential fixed investment and residential fixed investment accounted for 0.9%, private stock investment accounted for 0.59%.At all levels of government spending cuts drag on economic growth of 0.18%, negative effects are much smaller than the first two quarters.
Economist at Morgan Stanley ted wiseman thinks, overall growth of 1.8% in the first half of this year the U.S. economy, under the equivalent of 1.75% of GDP fiscal drag case, show the complete flexibility.Also have analysts believe that the second quarter of the private sector to increase the enthusiasm of the inventory investment in the third quarter will be difficult to reproduce, may become the third quarter of the unfavorable factors of economic growth.
Many analysts have higher expectations for the second half of the us economic growth.A more mainstream view is that as fiscal austerity influence gradually subsided, the second half performance will be more strong.
Moody's analytics chief economist mark zandi said in a post in early August, America's growth is inconsistent with the improvement degree of the job market and the situation won't last a long time.GDP growth will rise, or job growth will appear again and again.Moody's outlook of negotiations tend to former: namely the job market will keep the current situation, and the future GDP growth will accelerate gradually, economic expansion will be fully reflected in 2015.
Meeting minutes released last week showed that the federal reserve's senior year cuts to quantitative easing (qe) to form the basic consensus is yet to be determined but the timing of the move.Widely expected in September will be the important node, and this is not a nail nails on the board.Some experts think that the second quarter economic growth will increase the likelihood of the fed started in September.
Capital international macroeconomic advisers chief economist Paul ashworth believes that more robust second quarter growth would give the fed more confidence to believe that, as fiscal policy drag down gradually, the U.S. economic recovery will be more high.He believes that the fed will cut asset purchases are more likely to start in September, although such a decision also greatly depends on the August jobs data due next week.
The number of initial claims for unemployment benefits fell is 29, another good news.The U.S. department of labor, according to data released in the week ended Aug. 24, jobless claims to reduce 6000 people in the United States, to 331000, slightly less than economists expected an average of 332000.Ashworth thinks, jobless claims by means to further improve the job market.