Eye On Housing
The Bureau of Economic Analysis (BEA) released the third estimate of real GDP growth for the second quarter of 2013. Real GDP grew at a seasonally adjusted annual rate of 2.5%, unchanged from the second estimate last month. Downward revisions to inventory investment and exports were offset by upward revisions to state and local government spending. Real GDP growth in… Read More ›
Tag Archive for ‘macroeconomics’
Near Term Economic Growth – A Fiscal Cliffhanger
The Bureau of Economic Analysis (BEA) released the second estimate of real GDP growth for the third quarter of 2012. Growth was revised upward to a seasonally adjusted annual rate of 2.7%, up from 2.0% in the advance estimate last month. Real GDP grew at a 1.3% pace in the second quarter. The revision was largely due to upward revisions… Read More ›