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Packet 20230717
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Last modified
3/21/2024 5:53:56 PM
Creation date
7/18/2023 10:38:20 AM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Staff Report
Document Date (6)
7/17/2023
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PERM
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Agenda 20230717
(Reference)
Path:
\City Clerk\City Council\Agenda Packets\2023\Packet 20230717
Reso 23-098 3rd qtr investment 22-23-2
(Reference)
Path:
\City Clerk\City Council\Resolutions\2023
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Source: US Department of Commerce Source: US Department of Commerce <br />6/22 9/22 12/22 3/23 <br />1.4% 1.5% 0.7% 2.5% <br />-2.8% -1.8% 0.8% -2.1% <br />1.2% 2.9% 0.4% 0.0% <br />-0.2% 0.2% 0.4% 0.5% <br />-0.1% 0.4% 0.3% 0.4% <br />-0.6% 3.3% 2.6% 1.3% <br />Federal Government Expenditures <br />State and Local (Consumption and Gross <br />Investment) <br />Gross Private Domestic Investment <br />Personal Consumption Expenditures <br />Components of GDP <br />Net Exports and Imports <br />Total <br />-35.0%-30.0%-25.0%-20.0%-15.0%-10.0%-5.0%0.0%5.0%10.0%15.0%20.0%25.0%30.0%35.0%40.0% <br />Gross Domestic Product (GDP) <br />GDP QOQ % Change <br />GDP YOY % Change <br />Gross Domestic Product (GDP) <br />According to the second estimate,first quarter 2023 GDP growth was revised up to 1.3%from 1.1%.Personal consumption expenditures and <br />governmentspending were revised upward.The consensus estimate calls for 0.6%growth for the second quarter and 1.1%growth for the full <br />year 2023. <br />10
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