Eye On Housing
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 ›
Tag Archive for ‘NIPA’
First Quarter GDP Growth – Second Estimate: Not All Bad
The Bureau of Economic Analysis (BEA) released the second estimate of real GDP growth for the first quarter of 2012. The second estimate shows real GDP grew at a seasonally adjusted annual rate of 1.9 percent, down from the advance estimate of 2.2 percent. Growth in the fourth quarter of 2011 was 3.0 percent. The modest downward revision was based… Read More ›
First Quarter GDP Growth – Advance Estimate: Better Than It Looks
The Bureau of Economic Analysis (BEA) released the advance estimate of real GDP growth for the first quarter of 2012. The advance estimate shows real GDP grew at a seasonally adjusted annual rate of 2.2 percent. This is a deceleration from a 3.0 percent rate in the fourth quarter of 2011. The deceleration was the result of slowing inventory investment… Read More ›