Friday, January 26, 2018

BEA: Real GDP increased at 2.6% Annualized Rate in Q4

From the BEA: Gross Domestic Product: Fourth Quarter 2017 (Advance Estimate) Real gross domestic product (GDP) increased at an annual rate of 2.6 percent in the fourth quarter of 2017 , according to the "advance" estimate released by the Bureau of Economic Analysis. In the third quarter, real GDP increased 3.2 percent. ... The increase in real GDP in the fourth quarter reflected positive contributions from personal consumption expenditures (PCE), nonresidential fixed investment, exports, residential fixed investment, state and local government spending, and federal government spending that......(read more)
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