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Items Tagged with 'BEA'

ARTICLES

BEA says GDP grew at 4.2% in second quarter

Revision upward comes from nonresidential fixed investment
Trey Garrison
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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Want a preview of where the 2Q GDP revision is heading?

The CBO has a clue for one and all
Trey Garrison
Well, today the Congressional Budget Office released its revised estimate of the total 2014 GDP. Take a good guess what it bodes for Thursday's Bureau of Economic Analysis GDP revision.
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Bad news: 4Q GDP tumbles 25% from initial estimate

Downward revision from 3.2% to 2.4% is worse than everyone thought
Trey Garrison
GDP growth in all of 2013 is now estimated as lower than 2012, and fourth quarter GDP growth has been revised downward 25%.
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Final GDP for 3Q Shows 4.1% growth

Troubling that almost 2 points is inventory expansion, not sales
Trey Garrison
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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