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U.S. First Quarter GDP

Both the U.S. real GDP and nominal GDP were down for the first quarter of 2015.  Why?  The roughly 40% drop in crude oil, gasoline, diesel, and natural gas prices that was NOT followed by a 40% increase in consumption of these products.

Crude oil price does have a significant impact on the U.S. economy.

Top Predictions Based on April 2015 Traffic


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S&P 500 Stock Index Forecast

Stock Market Chart with Outlook
S&P 500 Stock Market Chart with Forecast

Current Economic Indicators

May 28, 2015 (Close of Day)

Indicator

Value

S&P 500 2,120.79
US GDP Growth, % 2.99
US Inflation Rate, % -0.20
US Unemployment Rate, % 5.4
Gold Price, $/oz 1,185.00
WTI Oil Price, $/bbl 57.68
US 10 Yr Treasury, % 2.13