Items Tagged with 'BEA'

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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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