Dados EUA

[notiCIas]

PIB 3,1% versus 3,5% esperado
Deflator do PIB 2% versus 2,1% esperado

Índice de custo de emprego 0,7% versus 0,8% esperado

[notiCIas]

 Real gross domestic product -- the output of goods and services produced by labor and property located in the United States -- increased at an annual rate of 3.1 percent in the fourth quarter of 2004, according to advance estimates released by the Bureau of Economic Analysis.  In the third quarter, real GDP increased 4.0 percent.

The major contributors to the increase in real GDP in the fourth quarter were personal consumption expenditures (PCE), equipment and software, private inventory investment, and government spending.  The contributions of these components were partly offset by a negative contribution from exports.  Imports, which are a subtraction in the calculation of GDP, increased

Real personal consumption expenditures increased 4.6 percent in the fourth quarter, compared with an increase of 5.1 percent in the third.  Durable goods purchases increased 6.7 percent, compared with an increase of 17.2 percent.  Nondurable goods increased 5.8 percent, compared with an increase of 4.7 percent.  Services expenditures increased 3.7 percent, compared with an increase of 3.0 percent.

Real nonresidential fixed investment increased 10.3 percent in the fourth quarter, compared with an increase of 13.0 percent in the third.  Nonresidential structures decreased 4.1 percent, compared with a decrease of 1.1 percent.  Equipment and software increased 14.9 percent, compared with an increase of 17.5 percent.  Real residential fixed investment increased 0.3 percent, compared with an increase of 1.6 percent. 

Real exports of goods and services decreased 3.9 percent in the fourth quarter, in contrast to an increase of 6.0 percent in the third.  Real imports of goods and services increased 9.1 percent, compared with an increase of 4.6 percent.

Real federal government consumption expenditures and gross investment increased 1.6 percent in the fourth quarter, compared with an increase of 4.8 percent in the third.  National defense was unchanged, compared with an increase of 10.1 percent.  Nondefense increased 5.1 percent, in contrast to
a decrease of 5.3 percent.  Real state and local government consumption expenditures and gross investment increased 0.6 percent, in contrast to a decrease of 1.7 percent.

The real change in private inventories added 0.42 percentage point to the fourth-quarter change in real GDP after subtracting 0.97 percentage point from the third-quarter change.  Private businesses increased inventories $45.8 billion in the fourth quarter, following increases of $34.5 billion in the third quarter and $61.1 billion in the second.