Q4 GDP Revised Down to 2.2% Annual Rate

From the BEA: Gross Domestic Product, 4th quarter and annual 2018 (third estimate) Real gross domestic product (GDP) increased at an annual rate of 2.2 percent in the fourth quarter of 2018 , according to the "third" estimate released by the Bureau of Economic Analysis. In the third quarter, real GDP increased 3.4 percent. The GDP estimate released today is based on more complete source data than were available for the "initial" estimate issued last month. In the initial estimate, the increase in real GDP was 2.6 percent. With this estimate for the fourth quarter, the general picture of......(read more)

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