Wednesday, August 29, 2018

Q2 GDP Revised up to 4.2% Annual Rate

From the BEA: National Income and Product Accounts Gross Domestic Product: Second Quarter 2018 (Second Estimate) Real gross domestic product (GDP) increased 4.2 percent in the second quarter of 2018 , according to the "second" estimate released by the Bureau of Economic Analysis. The growth rate was 0.1 percentage point more than the "advance" estimate released in July. In the first quarter, real GDP increased 2.2 percent. The GDP estimate released today is based on more complete source data than were available for the "advance" estimate issued last month. In the advance estimate, the......(read more)
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