Tag Archives: GDP

Second Quarter GDP Revised Up to 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 second estimate, up from 4.1 percent in the “advance” estimated. The general picture of economic growth remained the same. The percent change primarily reflected an upward revision to fixed investment and net exports, slightly offset ...

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Second Quarter GDP Grew 4.1 percent

Real GDP grew at a seasonally adjusted annual rate of 4.1 percent during the second quarter of 2018, according to the Bureau of Economic Analysis’s “advance” estimate, up from 2.2 percent in the first quarter.

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First Quarter GDP Revised from 2.2 to 2.0 percent

Real GDP grew at a seasonally adjusted annual rate of 2.0 percent during the first quarter of 2018, according to the Bureau of Economic Analysis’s second estimate, down from 2.2 percent in the “second” estimate. The general picture of economic growth remained the same. The percent change primarily reflected a downward revision to private inventory investment, PCE and exports. The ...

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First Quarter GDP Revised from 2.3% to 2.2%

Real GDP grew at a seasonally adjusted annual rate of 2.2% during the first quarter of 2018, according to the Bureau of Economic Analysis’s second estimate, down from 2.3% in the “advance” estimate. The general picture of economic growth remained the same. The percent change primarily reflected a downward revision to private inventory investment and residential fixed investment. Personal consumption ...

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First Quarter GDP Grew 2.3%

Real GDP grew at a seasonally adjusted annual rate of 2.3% during the first quarter of 2018, according to the Bureau of Economic Analysis’s “advance” estimate, down from 2.9% in the fourth quarter. The growth in real GDP reflected positive contributions from personal consumption expenditures, nonresidential fixed investment, exports, private inventory investments, state and local government spending, and federal government ...

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Fourth Quarter GDP Revised from 2.5% to 2.9%

Real GDP grew at a seasonally adjusted annual rate of 2.9% during the fourth quarter of 2017, according to the Bureau of Economic Analysis’s third estimate, up from 2.5% in the second estimate. The general picture of economic growth remained the same. The percent change primarily reflected an upward revision to private inventory investment and personal consumption expenditures. The fourth ...

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Fourth Quarter GDP Revised from 2.6% to 2.5%

Real GDP grew at a seasonally adjusted annual rate of 2.5% during the fourth quarter of 2017, according to the Bureau of Economic Analysis’s second estimate, down from 2.6% in the “advance” estimate. The general picture of economic growth remained the same. The percent change primarily reflected a downward revision to private inventory investment and non-residential fixed investment. Personal consumption ...

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Quarles Anticipates Gradual Rate Hikes Will Continue

Touting the strength of the U.S. economy, which he noted was “in the best shape that it has been since the crisis,” Federal Reserve Vice Chairman for Supervision Randal Quarles today signaled that the Fed will continue gradually increasing the target federal funds rate in the months ahead.

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