Tag Archives: Consumption

Third Quarter GDP Third Estimate Revised Down to 3.4 percent

Real GDP grew at a seasonally adjusted annual rate of 3.4 percent during the third quarter of 2018, according to the Bureau of Economic Analysis’s third estimate, revised down from the “second” estimate. Personal Consumption and Expenditures (PCE) and exports were revised down, and private inventory investment was revised up. The general picture of economic growth remained the same. Real ...

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