Sign up to save your podcasts
Or
Share The Dividend Cafe Monday - April 29, 2024
Share to email
Share to Facebook
Share to X
Share to email
Share to Facebook
Share to X
Or
The Dividend Cafe Monday - April 29, 2024
Today's Post - https://bahnsen.co/4dd0xsl
Economic Front
The big economic news last week was the 1.6% annualized real GDP growth for Q1 when +2.5% had been expected. The 3.4% of Q4 (again, all these numbers are annualized, which is just how they get discussed) was not going to repeat itself, but 1.6% vs. 2.5% projected and 2.7% in the Atlanta Fed’s GDPNow model was a big step down.
The positive side is that manufacturing appears to be picking up, New Orders are on the rise, and low inventories now mean more manufacturing later.
Net exports were the biggest drag (-0.9%), and, as is almost always the case, consumption was the largest contributor (+1.7%). Capex contributed just +0.4%.
The Personal Consumption Expenditures (PCE) was up +2.7% year-over-year last month, matching expectations.
Personal Income rose +0.5% in March, in line with expectations.
54% of people worked at firms with less than 500 employees in 1980. That number is just over 46% now.
The fertility rate in the U.S. dropped to 1.62 last year, the lowest on record. Our fertility rate has been below the 2.1 replacement level for 17 years now.
Links mentioned in this episode:
DividendCafe.com
TheBahnsenGroup.com
View all episodes
By The Bahnsen Group
4.9
557557 ratings
Today's Post - https://bahnsen.co/4dd0xsl
Economic Front
The big economic news last week was the 1.6% annualized real GDP growth for Q1 when +2.5% had been expected. The 3.4% of Q4 (again, all these numbers are annualized, which is just how they get discussed) was not going to repeat itself, but 1.6% vs. 2.5% projected and 2.7% in the Atlanta Fed’s GDPNow model was a big step down.
The positive side is that manufacturing appears to be picking up, New Orders are on the rise, and low inventories now mean more manufacturing later.
Net exports were the biggest drag (-0.9%), and, as is almost always the case, consumption was the largest contributor (+1.7%). Capex contributed just +0.4%.
The Personal Consumption Expenditures (PCE) was up +2.7% year-over-year last month, matching expectations.
Personal Income rose +0.5% in March, in line with expectations.
54% of people worked at firms with less than 500 employees in 1980. That number is just over 46% now.
The fertility rate in the U.S. dropped to 1.62 last year, the lowest on record. Our fertility rate has been below the 2.1 replacement level for 17 years now.
Links mentioned in this episode:
DividendCafe.com
TheBahnsenGroup.com
More shows like The Dividend Cafe
View all
The Briefing with Albert Mohler
8,639 Listeners
White Horse Inn
2,184 Listeners
5 Minutes in Church History with Stephen Nichols
1,700 Listeners
Thinking in Public with Albert Mohler
988 Listeners
Mortification of Spin
835 Listeners
Breakpoint
3,070 Listeners
The World and Everything In It
7,092 Listeners
National Review's Radio Free California Podcast
699 Listeners
Conversations That Matter
1,082 Listeners
Socrates in the City
443 Listeners
Simply Put
1,417 Listeners
Blog & Mablog
1,389 Listeners
Life and Books and Everything
633 Listeners
The Aaron Renn Show
475 Listeners
Capital Record
444 Listeners