The “third” estimate for third quarter 2013 shows U.S. real gross domestic product increasing at an annualized rate of 4.1 percent, an improvement over the 3.6 percent growth reported in the “second” estimate. Higher levels of personal consumption expenditures and nonresidential fixed investment were responsible for the upward revision. Residential investment, net exports, and … [Read more...] about Business Indicators: February 2014
Economic Analyst
January 2014: Business Indicators
The “second” estimate for third quarter 2013 shows U.S. real gross domestic product increasing at an annualized rate of 3.6 percent, an improvement over the 2.8 percent growth initially reported. Most of the revision was due to an acceleration of private inventory investment. Personal consumption expenditures, business fixed investment, residential investment, net exports and … [Read more...] about January 2014: Business Indicators