Second Quarter GDP Third Estimate Unchanged at 4.2 percent

Real GDP grew at a seasonally adjusted annual rate of 4.2 percent during the second quarter of 2018, according to the Bureau of Economic Analysis’s third estimate, unchanged from the “second” estimate. The general picture of economic growth remained the same.

A downward revision to private inventory investment was offset by small upward revisions to most other GDP components.

Read the BEA release.

About Jack McCabe

Jack McCabe is a research associate in the Economic Policy and Research group at the ABA.
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