Items Tagged with 'Bureau of Economic Analysis'


  • Trump tax cuts fail to provide boost to nation’s GDP

    Low GDP reflects current “housing crisis”
    Gross domestic product was a disappointment, shrinking in the first quarter despite the recent tax cuts passed at the end of 2017. One expert explained that the current slowdown reflects an ongoing housing crisis, and what can be done to reverse it.
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  • Economic growth slows in fourth quarter

    An unexpected slowdown
    Economic growth unexpectedly slowed in 2017's fourth quarter with GDP increasing 2.6%, according to an advance estimate from the Bureau of Economic Analysis. For 2017, the economy grew 2.3%, an increase from the 1.5% growth seen in 2016.
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  • Final estimate downwardly revises Q3 GDP

    Still higher than second quarter
    The final estimate for the third quarter decreased gross domestic product slightly from the previous estimate. However, GDP is still up from the second quarter. Despite a slow start to this year, the second and third quarters have shown solid growth.
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  • GDP unexpectedly continues 3% growth surge

    Remains unaffected by hurricanes
    GDP increased at a strong rate once again in the third quarter, much to the shock of economists, who expected the recent hurricanes to take a toll on the growth. After a rough start to 2017, the year’s GDP grew to and held steady at or above a 3% growth rate for the first time since 2015. In fact, it was the first time two consecutive quarters hit the 3% mark since the second and third quarters of 2014.
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  • GDP estimate surges to 3% in second quarter

    Highest since first quarter of 2015
    Gross Domestic Product increased to a full 3% in the second quarter, a level not seen since the first quarter of 2015. This increase puts the Trump administration one step closer to its campaign promise of 4% GDP.
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  • GDP picks up steam with second quarter increase

    More than doubles from Q1
    Gross domestic product saw a rebound in the first quarter as it more than doubled the previous quarter’s growth. Experts explained what this increase means for economic growth for the rest of 2017, and how it could affect the Fed’s decision to raise rates once more this year.
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  • Second estimate revises 1Q GDP higher

    First quarter off to a sluggish pace
    The second estimate revised the real gross domestic product higher, increasing the annual rate from the original 0.7% estimate. This estimate is based on a more complete source data than what was available for the advance estimate issued last month. But even though there was a sluggish start to the year, it doesn’t reflect how the rest of the year will perform.
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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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