The first estimate for U.S. real gross domestic product (GDP) for the third quarter of 2015 reports a 1.5 percent annualized growth rate, a 61 percent decline from the second quarter. Despite modest growth, the Bureau of Economic Analysis stated that U.S. domestic consumption, which accounts for about two-thirds of real GDP, remained strong. More specifically, personal … [Read more...] about Business Indicators: December 2015
Bureau of Economic Analysis
Business Indicators: November 2015
The “third” estimate for U.S. real gross domestic product (GDP) for the second quarter of 2015 reports a 3.9 percent annualized growth rate, revised up by 0.2 percent from the second estimate. The Bureau of Economic Analysis stated that a second-quarter increase in real GDP mostly reflected strong consumer spending. More specifically, personal consumption expenditures, net … [Read more...] about Business Indicators: November 2015
Business Indicators: October 2015
The “second” estimate for U.S. real gross domestic product (GDP) in the second quarter of 2015 indicates an annualized rate increase of 3.7 percent, which is a significant upward revision from the advance estimate of 2.3 percent. The Bureau of Economic Analysis stated that second-quarter increases in real GDP mostly reflected strong consumer spending. More generally, personal … [Read more...] about Business Indicators: October 2015
Business Indicators: September 2015
The preliminary estimate for U.S. real gross domestic product (GDP) in the second quarter of 2015 indicates an annualized rate increase of 2.3 percent. Recent Bureau of Economic Analysis revisions state that real GDP increased by 0.6 percent in the first quarter of 2014, higher than the negative 0.2 percent growth in the third estimate. Higher real GDP growth in the first … [Read more...] about Business Indicators: September 2015