Tag Archive for ‘gdp’

US Economic Growth Surprises to Upside in First Quarter

According to the “advance” estimate released by the Bureau of Economic Analysis (BEA), real gross domestic product (GDP) increased at an annual rate of 3.2% in the first quarter of 2019, faster than the 2.2% increase in the fourth quarter of 2018 and above NAHB’s forecast. It is the 20th consecutive quarter of growth. Since the first quarter of 2017,… Read More ›

Housing Affordability Reducing Housing Share of GDP

With the release of the first estimate of first quarter 2019 GDP growth (3.2% growth rate), housing’s share of gross domestic product (GDP) continued a downward trend, more evidence of the the lack of housing supply caused and affected by ongoing housing affordability issues. Housing’s share of GDP fell to 14.7%. The home building and remodeling component – residential fixed… Read More ›

U.S. GDP Increases 2.6% in the Fourth Quarter

After a 3.4% rise in the third quarter, the nation’s economy grew at a slower pace in the fourth quarter of 2018. According to the “initial” estimate1 released by the Bureau of Economic Analysis (BEA), real gross domestic product (GDP) increased at an annual rate of 2.6% in the fourth quarter of 2018, slower than the previous two quarters. It… Read More ›

Economic Growth Accelerates

In the second quarter of 2018, the nation’s economy grew at a faster pace than in the first quarter. According to the “advance” estimate released by the Bureau of Economic Analysis, real gross domestic product (GDP) increased at an annual rate of 4.1 percent in the second quarter of 2018. It was the strongest quarter of growth since the third… Read More ›

First Quarter Economic Growth Confirmed

The Bureau of Economic Analysis (BEA) reported that economic growth, measured by the annualized growth rate of real GDP, was revised to 2.2 percent from the advance estimate of 2.3 percent. The modest downward revision confirms the extent of economic growth over the first quarter of the year. The second estimate of first quarter GDP also included the first estimate… Read More ›

Nation’s Economy Grows in the First Quarter

In its first or “advance” estimate, the Bureau of Economic Analysis (BEA), reported that the nation’s economy, as measured by real gross domestic product (GDP), rose by 2.3 percent on a seasonally adjusted annual rate basis in the first quarter of 2018. This is the second consecutive quarter in which growth slowed. However, this is the fourth consecutive quarter in which… Read More ›

US Economy Grew Faster Than Previously Estimated

According to the Bureau of Economic Analysis, the economy grew faster in the fourth quarter of 2017 than was originally estimated. The third estimate of GDP growth in the quarter 2.9 percent, was faster than the 2.6 percent “advance” estimate and the 2.5 percent second estimate. It confirms that the economy grew faster than its potential, strongly indicating that the… Read More ›

Solid Fourth Quarter Economic Growth Confirmed

In its second estimate, the Bureau of Economic Analysis (BEA) reported that the nation’s economy, measured by real gross domestic product (GDP), grew by 2.5 percent in the fourth quarter of 2017 on a seasonally adjusted annual rate basis. The second estimate is 0.1 percent point less than the 2.6 percent growth rate recorded in the first or “advance” estimate…. Read More ›

Economy Grows for 8th Consecutive Year

According to a release from the Bureau of Economic Analysis, the nation’s real gross domestic product (GDP) slowed to a seasonally adjusted annual rate of 2.4 percent in the fourth quarter of 2017. Despite the slowdown, GDP growth over all of 2017 accelerated to 2.3 percent, faster than the 1.5 percent rate of growth in 2016. The annual increase in… Read More ›

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