Items Tagged with 'Gross Domestic Product'


  • 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.
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  • GDP growth even stronger than last quarter

    But gross domestic income slowed considerably
    As it turns out, real gross domestic product increased at an annual rate of 4.2% in the second quarter of 2018, according to the revised, second estimate released by the U.S. Bureau of Economic Analysis.
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  • Should Americans prepare for 5% GDP growth in Q3?

    One early predictor says yes
    President Donald Trump made a campaign promise to make 4% gross domestic product growth a reality in the U.S. After hitting the 4% mark in the second quarter, can Americans expect to see growth as high as 5% in the third quarter? One forecast says yes.
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  • GDP revised down as residential investment falls

    Revised down to just 2%
    Real gross domestic product was revised down once again to an annual rate of 2% as residential investment fell in the first quarter of 2018. The latest report from the Bureau of Economic Analysis shows the revisions made from previous estimates.
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  • Housing investment pulls GDP down in first quarter

    Second estimate revises downward
    The already-lower gross domestic product in the first quarter of 2018 was revised downward Wednesday. The downward revision can be contributed to a drop in housing investment, however one expert explained he expects GDP to see a strong rebound in the second quarter.
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  • 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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  • Final estimate raises fourth quarter GDP to 2.9%

    Growth remains near 3% mark for third consecutive quarter
    The third and final estimate brought the fourth quarter’s gross domestic product up slightly from previous estimates. While growth dipped slightly in the fourth quarter, overall it has held relatively steady since the second quarter of 2017, with growth rates near 3%.
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