Items Tagged with 'Gross Domestic Product'

ARTICLES

  • Second quarter GDP revised down to 2%, half the pace of a year ago

    Reflects downward changes to residential investment, government spending and exports
    Real GDP increased at an annual rate of 2% in the second quarter, compared with a gain of 3.1% in the first quarter, according to the second estimate from the Bureau of Economic Analysis. Today's number is based on more complete source data than was available for the advance numbers issued last month when GDP was estimated at 2.1%.
    Read More
  • GDP rises 2.1% in second quarter, boosted by consumer spending

    Current-dollar GDP rises to 4.6% in Q2's advanced estimate
    Real GDP increased at an annual rate of 2.1% in the second quarter, compared with a gain of 3.1% in the first quarter, according to the advanced estimate from the Bureau of Economic Analysis. Today’s second-quarter advance estimate is based on incomplete source data that is subject to further revision and will be followed by a second estimate, due to be released in August.
    Read More
  • First quarter GDP holds steady at 3.1%

    Current-dollar GDP rises to 3.8% in Q1's third estimate
    Real gross domestic product increased at an annual rate of 3.1% in the first quarter of 2019, according to the third estimate released by the U.S. Bureau of Economic Analysis. Today's first quarter GDP estimate is based on more complete source data than was available for the advance numbers issued last month.
    Read More
  • First quarter GDP is revised down to 3.1% as corporate profits slowed

    Negative contributions to GDP came from residential fixed investments
    Real gross domestic product increased at an annual rate of 3.1% in the first quarter of 2019, according to the second estimate released by the U.S. Bureau of Economic Analysis. Today's estimate is based on more complete source data than was available for the advance numbers issued last month, when GDP was estimated at 3.2%.
    Read More
  • U.S. economy rebounds, exceeding market expectations

    Economy grew 3.2% in the first quarter, signaling strong start to 2019
    Gross Domestic Product reversed its course in in the first quarter of 2019, according to the advanced estimate from the Bureau of Economic Analysis. Mortgage Bankers Association Chief Economist Mike Fratantoni said although this advance estimate is subject to revision, if it holds up, this faster growth should continue to provide strong support for the job and housing markets.
    Read More
  • Jobs Report: Private sector hiring slows as construction, manufacturing shed jobs

    Companies add fewest jobs in 18 months
    The pace of hiring slowed in March as employers fretted about a slowing economy. Companies hired 129,000 employees, the slowest pace in 18 months, according to a report today from ADP and Moody's Analytics. Goods-producing jobs, such as construction and manufacturing, contracted for the first time since December 2016.
    Read More
  • Another sign of a slowing economy: GDP growth is revised downward

    Economy grew just 2.2% in the fourth quarter, revealing slow start to 2019
    Gross domestic product grew 2.2% in the fourth quarter of 2018, coming in less than the estimated 2.6% and serving as yet another sign of a looming economic slowdown. This is also less than the third quarter's GDP growth, which totaled 3.4%, according to the latest data from the Bureau of Economic Analysis.
    Read More
  • The true economic impact of the shutdown has just begun to reveal itself

    Initial estimates place loss to U.S. economy in the billions
    Now that the longest government shutdown in U.S. history is officially over (for the time being, at least) and the dust is starting to settle, we’re getting our first look at the cost of the shutdown on the economy. According to S&P, the economy lost at least $6 billion dollars because of the shutdown, which S&P notes is more than the $5.7 billion that the White House requested for the border wall that was the central cause of the shutdown itself.
    Read More
  • Incomes rise 4% in third quarter

    Second estimate leaves GDP growth unchanged
    Real gross domestic product rose at an annual rate of 3.5% in the third quarter of 2018, according to the second estimate released by the U.S. Bureau of Economic Analysis.
    Read More