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.
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.
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
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
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
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
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
Tailoring regulation based on an institution’s size and risk profile is “at the heart of what we’re doing” at the Federal Reserve, Chairman Jerome Powell affirmed today during testimony before the House Financial Services Committee.
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.
As the Federal Reserve continues its slow and steady course to raise the federal funds rate, Federal Reserve Bank of Dallas President and CEO Robert Kaplan today said he expects to see continued GDP growth and tightening of conditions in the labor market in 2018.
Real GDP grew at a seasonally adjusted annual rate of 2.6% during the fourth quarter of 2017, according to the Bureau of Economic Analysis’s “advance” estimate, down from 3.2% in the third quarter. The growth in real GDP reflected positive contributions from personal consumption expenditures, nonresidential fixed investment, exports, residential fixed investment, state and local