Items Tagged with 'BEA'

ARTICLES

GDP produces lackluster growth in Q2

Continues slow upward climb
The Gross Domestic Product decreased slightly from the first estimate last month, but still increased slightly overall. The disappointing gain, combined with the downward revisions to gains in the preceding two quarters, make a September interest rate hike much less likely.
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BEA says GDP grew at 4.2% in second quarter

Revision upward comes from nonresidential fixed investment
Real gross domestic product – the output of goods and services produced by labor and property located in the United States – increased at an annual rate of 4.2% in the second quarter of 2014.
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Final GDP for 3Q Shows 4.1% growth

Troubling that almost 2 points is inventory expansion, not sales
The GDP — the output of goods and services produced by labor and property located in the United States — increased at an annual rate of 4.1% in the third quarter of 2013, according to the Bureau of Economic Analysis.
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