Nov

28

Quarter/Quarter Activity Annual Returns 3rd Quarter 2006 2nd Quarter 2006
GDP 2.2% 2.6%
Goods 3.7% 3.6%
Services 3.0% 2.4%
Quarter/Quarter Annualized Prices    
Market based PCE 2.2% 4.2%
PCE Price Index 2.4% 4.0%
Market PCE Core 1.9% 2.7%
PCE Core Prices 2.2% 2.7%
Year/Year    
Market based PCE 2.6% 3.2%
PCE Price Index 2.8% 3.3%
Market PCE Core 2.0% 1.9%
PCE Core Prices 2.4% 2.2%

Note: This moderate and modest report will no doubt be seen on Constitution Ave. as validating both the Fed’s pause and the markets’ dampened vol readings.


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