Tag Archive for ‘macroeconomics’

A Second Look at GDP Growth in the Second Quarter

The Bureau of Economic Analysis (BEA) released the second estimate of real GDP growth for the second quarter of 2016 based on more complete source data than was available for the advance estimate. Real GDP grew at a 1.1% seasonally adjusted annual rate, little changed from the 1.2% earlier estimate. The revisions were mixed, consumer spending was slightly stronger, investment… Read More ›

GDP Growth in the First Quarter – Double, Double Oil and Trouble

The Bureau of Economic Analysis (BEA) released the advance estimate of real GDP growth in the first quarter of 2016, reporting a seasonally adjusted annual rate of 0.5%. Economic growth has declined steadily from its recent peak of 3.9% in the second quarter of 2015. Declining activity was broad based enough to be troubling: slowing personal consumption expenditures (PCE), declines… Read More ›

GDP Growth in the Fourth Quarter – Getting Better

The Bureau of Economic Analysis (BEA) released the third estimate of real GDP growth in the fourth quarter of 2015, reporting a seasonally adjusted annual rate of 1.4%. The three separate estimates for the quarter, based on increasingly better (more complete) data, moved GDP growth from 0.7% to 1.0% to 1.4%. The latest revisions reflect faster growth of personal consumption… Read More ›

Real GDP Growth Slows in the Third Quarter

Today, the Bureau of Economic Analysis (BEA) released its “advance” estimate of real GDP growth for the third quarter of 2015.  According to the release, in the third quarter real GDP grew at a seasonally adjusted annual rate of 1.5 percent, down from 3.9 percent in the second quarter.  Monthly data that had been trickling in, especially data on inventories, made… Read More ›

GDP Growth in the Second Quarter – Solid Growth

The Bureau of Economic Analysis (BEA) released its third estimate of real GDP growth for the second quarter of 2015, raising growth up 0.2 percentage points to 3.9%. The bulk of the additional growth was concentrated in personal consumption expenditures and business fixed investment. Growth was 0.6% in the first quarter. Overall, the composition of growth looks good; strength in… Read More ›