Daily Economic Alerts

U.K. Q3 Real GDP: +1.8% (quarter-over-quarter annualized), +2.1% year-over-year

Personal Income: +0.3% month-over-month, +4.4% year-over-year Personal Consumption Expenditures: +0.3% month-over-month, +2.9% year-over-year
Core PCE Price Index: +0.1%month-over-month, +1.3% year-over-year
Savings Rate: 5.5%, -0.1 percentage points month-over-month

Durable Goods Orders: Unchanged month-over-month, +1.2% year-over-year Durable Goods Shipments: +0.9% month-over-month, +1.8% year-over-year
NDCGXA Orders: -0.4% month-over-month, -1.8% year-over-year
NDCGXA Shipments: -0.5% month-over-month, -1.2% year-over-year

Real GDP: +2.0% quarter-over-quarter (annualized rate), +2.1% year-over-year
Real Final Sales: +2.7% quarter-over-quarter (annualized rate), +2.1% year-over-year
Core PCE Price Index: +1.4% quarter-over-quarter (annualized rate), +1.3% year-over-year
Corporate Profits: -3.3% quarter-over-quarter, +1.3% year-over-year

The Federal Reserve raised short-term interest rates for the first time in nearly a decade. The Fed increased the fed funds rate, an overnight bank lending rate, to a range of 0.25% to 0.50% from 0% to 0.25%, where it had been since late 2008.

Industrial Production: -0.6% month-over-month; -1.2% year-over-year
Capacity Utilization: 77.0% (77.5% as of the prior month)

Consumer Price Index (CPI): Unchanged month-over-month, +0.5% year-over-year
Core CPI: +0.2% month-over-month, +2.0% year-over-year