First Quarter GDP Revised Up, But Trend Is Still Down

GDP Exhibit 2v4

The US Bureau of Economic Analysis (BEA) released the second estimate of US real gross domestic product (GDP) growth for the first quarter of 2016 (Exhibit 1). Real GDP grew at a seasonally adjusted annual rate of 0.8 percent, which is higher than the previously released advance estimate of 0.5 percent. Exhibit 1: US Real Gross Domestic Product (GDP), Seasonally… Read More ›

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