Items Tagged with 'Gross Domestic Product'

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Second estimate keeps GDP at 1.9% growth in Q4

Led by positive contributions from personal consumption expenditures
The second estimate for the fourth quarter’s GDP remained at 1.9%, but one expert says the real story is the increase in GDP from the first half of 2016. While GDP decreased from the third quarter, this was due to a spike in soybeans the faded in the fourth quarter.
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GDP growing, but at slower pace in Q4

Offset by exports and government spending
Real gross domestic product continues to climb but at a slower rate in the fourth quarter than in the third. The deceleration was driven by exports and government spending. The Bureau of Economic Analysis’ first estimate breaks down the increases to GDP in the fourth quarter.
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GDP increased to fastest growth in two years

Third estimate places growth higher than originally thought
As it turns out, gross domestic product in the U.S. increased in the third quarter even more than previous estimates showed. And the strong GDP numbers support the Federal Reserve’s current direction.
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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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Paltry GDP growth shows economy is "barely above water"

Residential construction fell due to weaker single-family housing starts
“Over the past 12 months, the economy has expanded by only 1.2%,” Paul Ashworth, chief economist at Capital Economics, said. “What is really worrying is that pace has still been enough to reduce the unemployment rate further, suggesting that the economy’s potential growth rate could conceivably be close to zero.”
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Experts revise GDP rates, in different directions

But they agree on one thing: The Fed will raise rates this year
Experts disagree on the impact that the Brexit will have on U.S. GDP growth, with Capital Economics predicting a rebound in growth while Goldman Sachs revised their prediction down slightly. The one thing they can agree on? The Fed will still raise rates this year.
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First quarter GDP revised higher to 0.8%

Based on more complete data
The year started out better than originally estimated, according to the "second" GDP estimate released by the Bureau of Economic Analysis. National Association of Federal Credit Unions Chief Economist Curt Long noted that this is another in a string of positive data releases which will provide plenty of ammunition for the Fed to raise rates no later than July.
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