US GDP rose 3.2% in Q4; Q3 revised up to 2.6%

Core PCE price index rose 0.4%

A drop in inventories cut 3.7% off the figures.

Consumer spending was firm, up 4.4%, the biggest rise since Q1 2006.

Exports were up 8.5%, imports fell 13.6%

Final sales rose a very large 7.1%.

To sum up: Lokks like a very strong quarter, hampered by a drop in inventories. As inventories ae rebuilt in coming quarters, that should add to GDP down the road.