USA GDP report

U.S. Q4 GDP falls at 3.8% rate vs. -5.5% expected

U.S. 4Q employment cost index up 0.5% vs. 0.7% expected

U.S. 2008 employment costs rise 2.6%, lowest on record

U.S. GDP up 1.3% in 2008, weakest since 2001

U.S. Q4 business investment subtracts 2.3% from GDP

U.S Q4 consumer spending down 3.5% vs 3.8% fall Q3

U.S. Q4 headline PCE down record 5.5%

U.S. Q4 core PCE index slows to 0.6% gain vs 2.4% in Q3

U.S. Q4 GDP final sales, GDP ex-inventories, down 5.1%

U.S. Q4 GDP weakness offset by inventory buildup

U.S. Q4 GDP contraction biggest since Q1 1982