Eye On Housing
The Bureau of Economic Analysis (BEA) released its second estimate of real GDP growth for the fourth quarter of 2014. Growth in economic output was revised downward to a seasonally adjusted annual rate of 2.2% from an “advance” estimate of 2.6%. The second estimate is based on more complete information than was available for the initial estimate. The slower pace… Read More ›
The Bureau of Economic Analysis (BEA) released its third estimate of real GDP growth for the third quarter. Growth in economic output was revised upward to a seasonally adjusted annual rate of 5.0% from 3.9% in the second and 3.5% in the advance estimate. The pace was 4.6% in the second quarter. The revisions were largely concentrated in personal consumption… Read More ›
The Bureau of Economic Analysis (BEA) released its second estimate of real GDP growth for the third quarter. Growth in economic output was revised upward to a seasonally adjusted annual rate of 3.9% from 3.5% in the advance estimate. The pace was 4.6% in the second quarter. Upward revisions to investment, both fixed and inventory, and personal consumption expenditures were… Read More ›
The Bureau of Economic Analysis (BEA) released its estimate of real GDP growth for the third quarter. Economic output expanded at a seasonally adjusted annual rate of 3.5%, down from the 4.6% rate in the second quarter, but still respectable. The slowdown is no surprise given the rapid pace in the second quarter, driven in part by a bounce back… Read More ›
The Bureau of Economic Analysis (BEA) revised its estimate of real GDP growth to a seasonally adjusted annual rate of 4.6% in the second quarter, up from the initial estimate of 4.0% and a second estimate of 4.2%. The third estimate is based on more complete data than was available for the previous estimates. The revision didn’t change the basic… Read More ›
The Bureau of Economic Analysis (BEA) revised its estimate of real GDP growth to a seasonally adjusted annual rate of 4.2% in the second quarter, up from the initial estimate of 4.0%. The second estimate is based on more complete data than was available for the “advance” estimate. The estimates will be revised again next month based on more data…. Read More ›
An almost audible sigh of relief is conveyed in the statement that followed the July meeting of the Federal Open Market Committee (FOMC) as the committee upgraded its assessment of the economy and the Bureau of Economic Analysis (BEA) released estimates of economic activity for the April to June quarter, including 4.0% growth in GDP. The BEA reported that real… Read More ›
The Bureau of Economic Analysis (BEA) released the third estimate of real GDP growth for the first quarter of 2014. Real GDP contracted at a 2.9% seasonally adjusted annual rate, down from +0.1% growth in the first (advance) estimate, and -1.0% in the second estimate. The downward revision to the third estimate was concentrated in personal consumption expenditures (PCE) and… Read More ›
The Bureau of Economic Analysis (BEA) released the second estimate of real GDP growth for the first quarter of 2014. The second estimate is based on more complete data than is available for the advance estimate. Real GDP contracted at a 1.0% seasonally adjusted annual rate, a sharper slowdown than originally estimated (initially +0.1% growth). Growth in the fourth quarter… Read More ›
The Bureau of Economic Analysis (BEA) released the advance estimate of real GDP growth for the first quarter of 2014. Real GDP grew at a 0.1% seasonally adjusted annual rate, a sharper slowdown from the 2.6% growth in the fourth quarter than we expected. The slowdown was broad based, with every major category subtracting from growth except personal consumption expenditures… Read More ›