Q3 GDP at 2.1% Annual Rate

From the BEA: Gross Domestic Product, Third quarter 2019 (third estimate); Corporate Profits, Third quarter 2019 (revised estimate) Real gross domestic product (GDP) increased at an annual rate of 2.1 percent in the third quarter of 2019 , according to the "third" estimate released by the Bureau of Economic Analysis. In the second quarter, real GDP increased 2.0 percent. The GDP estimate released today is based on more complete source data than were available for the "second" estimate issued last month. In the second estimate, the increase in real GDP was also 2.1 percent . With the third......(read more)

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