*SCALPSWINGSTRADDLE*

[Zephyr]

GDP
Released On 3/27/2014 8:30:00 AM For Q4f:13
Prior Consensus Consensus Range Actual
Real GDP - Q/Q change - SAAR 2.4 % 2.7 % 2.2 % to 3.0 % 2.6 %
GDP price index - Q/Q change - SAAR 1.6 % 1.6 % 1.6 % to 1.6 % 1.6 %
Highlights
Real GDP growth for the fourth quarter was revised up slightly to an annualized 2.6 percent from the second estimate of 2.4 percent and compared to the third quarter's 4.1 percent. Expectations were for 2.7 percent. Final sales of domestic product were revised up to 2.7 percent from 2.3 percent for the second estimate and versus 2.5 percent in the third quarter. Final sales to domestic purchases were bumped up to 1.6 percent from the prior estimate of 1.2 percent and compared to 2.3 percent the prior quarter.

By components, upward revisions were seen in PCEs, inventory investment, net exports, and government purchases. Nonresidential fixed investment was revised up.
The overall price index was unrevised at 1.6 percent annualized. Third quarter growth was 2.0 percent. Core chain prices also were unrevised at 1.9 percent and equaling the third quarter pace.