Tag Archive for ‘gdp’

GDP Growth in the First Quarter – Second Estimate

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The Bureau of Economic Analysis (BEA) second estimate of real GDP growth for the first quarter of 2013 is 2.4%, revised down from 2.5% in the advance estimate. Stronger personal consumption expenditures (PCE) and less drag from weaker imports were offset by weaker growth in inventory investment, exports and state and local government spending than in the initial estimates. Real… Read More ›

Housing is Contributing to Economic Growth

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Over the last two years, home building has experienced significant growth, albeit off of low levels. And this expansion has added to overall growth of Gross Domestic Product (GDP). In fact, since the last quarter of 2011, advances in home building have been responsible for 20% of total economic expansion. While the economy as a whole has slowed somewhat over the last year,… Read More ›

GDP Growth in the First Quarter – Better and Sadly Maybe the Best

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The Bureau of Economic Analysis (BEA) advance estimate of real GDP growth for the first quarter of 2013 is 2.5%, somewhat bouncing back from the 0.4% growth last quarter. The largest contributions to growth came from accelerating personal consumption expenditures and inventory investment. Growth was restrained by continuing declines in the government sector and a surge in imports that outpaced… Read More ›

GDP Growth – Inching Up, But Trouble Ahead

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The Bureau of Economic Analysis (BEA) third estimate of real GDP growth for the fourth quarter of 2012 revises growth up to +0.4% from the initial estimate of -0.1% in the advance estimate and +0.1% in the second estimate. Non-residential fixed investment and exports were revised upward, personal consumption expenditures were revised downward. Real GDP grew at a 3.1% annual… Read More ›

GDP Growth in the Third Quarter – Improved But Still Slow

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The Bureau of Economic Analysis (BEA) released the advance estimate of real GDP growth for the third quarter of 2012 last week. Real GDP grew at a seasonally adjusted annual rate of 2.0%, up from 1.3% in the second quarter. Key contributors to growth were personal consumption expenditures (PCE), federal government defense spending and residential fixed investment (RFI). Growth in… Read More ›

GDP Growth Slows in the Second Quarter

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The Bureau of Economic Analysis (BEA) released the advance estimate of real GDP growth for the second quarter of 2012 and their regular annual revisions which cover the first quarter of 2009 through the first quarter of 2012. In the second quarter real GDP grew at a seasonally adjusted annual rate of 1.5 percent, down from 2.0 percent in the… Read More ›