Market Review, May 2012

Publication Date: 

May 2012

PDF File: 

PDF icon VCG Monthly Review May 2012.pdf

Summary: 

The second estimate for U.S. first quarter GDP growth was trimmed to 1.9%, lower than the previous estimate of 2.2% and significantly lower than the fourth quarter’s 2.96% growth rate. The increase in real GDP reflected positive contributions from personal consumer expenditure (PCE), residential & non-residential fixed investment and inventory investment. These were partly offset by government spending and net exports. The deceleration in real GDP in the first quarter was due to a decline in inventory investment and non-residential fixed investment and an increase in imports, partly offset by an increase in exports and PCE.

Vantage At a Glance

Vantage Consulting Group
3500 Pacific Ave
Virginia Beach, VA 23451

Phone: (757) 491-1200
Fax: (757) 422-5378

Vantage Logo

The views expressed on this website and in its published documents do not constitute investment advice or recommendations by Vantage Consulting Group or its staff. This commentary is provided for informational purposes only, and is not an offer or recommendation of shares or investments, or a prediction of any future performance.

Download Client Relationship Summary (CRS)
This material is for informational and illustrative purposes only, and does not constitute research. No information contained herein constitutes investment advice or an offer to sell or buy a security. Except for personal printing or excerpting, no text or graphics may be reproduced or retransmitted in any manner without the prior written permission of Vantage Consulting Group. Vantage Consulting Group does not represent, warrant, or guarantee that this information is suitable for any investment purpose and it should not be used as a basis for investment decisions. Past performance does not guarantee or indicate future results.