The 3.5% includes a 1.2% contribution from Private Consumption, 1.3% from Exports and a significant 0.7% from Defense expenditures. Read More
Posts Categorized: GDP
GDP 2nd Quarter 4% Annualized. Benchmark revision.
GDP was estimated to have grown at a rate of 4.0% annualized n the 2nd quarter of 2014, following a (revised) drop of 2.1% in the 1st quarter. Last month, the estimate of Q1’s drop was 2.9%. Read More
4th Qtr GDP Estimates – Perspective from Revisions
Another big first revision. GDP growth in 4th quarter revised down by 26%. (3rd quarter first revision was up 27%). Read More
GDP Fourth Quarter – Advance Estimate of 3.2% (annualized) growth
Strong but volatile growth. Food Services and Accommodation added a full 0.4%, exports added 1.5%, but Residential Investment subtracted 0.3%, while Federal Government knocked a full 1% off of the headline growth rate. Read More
GDP Revision – 3rd Qtr growth revised up from 2.8% to 3.6%
The 0.8 percentage point revision in GDP quarterly growth is matched exactly by the 0.8 point jump in the contribution of non-farm inventories. Read More