Category: "gdp"

Consumer Spending is Driving Healthy Economic Growth

September 29th, 2017
in consumer metrics institute, gdp

by Rick Davis, Consumer Metrics Institute

September 28, 2017 - BEA Revises 2nd Quarter 2017 GDP Growth Slightly Upward to 3.06%:

In their third and final estimate of the US GDP for the second quarter of 2017, the Bureau of Economic Analysis (BEA) reported that the US economy was growing at a +3.06% annual rate, up +0.02% from their previous estimate and up +1.82% from the prior quarter.

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Consumers Continue to Support Healthy GDP Growth

August 30th, 2017
in consumer metrics institute, gdp

by Rick Davis, Consumer Metrics Institute

August 30, 2017 - BEA Revises 2nd Quarter 2017 GDP Growth Upward to 3.04%:

In their second estimate of the US GDP for the second quarter of 2017, the Bureau of Economic Analysis (BEA) reported that the US economy was growing at a +3.04% annual rate, up +0.48% from their previous estimate and up +1.80% from the prior quarter.

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The Tax Deception Exposed

Written by Alternativeinsight

"A good catchword can obscure analysis for fifty years."
 - Oliver Wendell Holmes

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GDP Growth Seems to be Normalizing

July 28th, 2017
in consumer metrics institute, gdp

by Rick Davis, Consumer Metrics Institute

July 28, 2017 - BEA Estimates 2nd Quarter 2017 GDP Growth At 2.56%:

In their first (preliminary) estimate of the US GDP for the second quarter of 2017, the Bureau of Economic Analysis (BEA) reported that the US economy was growing at a +2.56% annual rate, up +1.14% from a downward revised first quarter.

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Healthcare is Boosting GDP Growth

June 30th, 2017
in consumer metrics institute, gdp

by Rick Davis, Consumer Metrics Institute

In their third and final estimate of the US GDP for the first quarter of 2017, the Bureau of Economic Analysis (BEA) revised the growth of the US economy upward to a +1.42% annual rate, up +0.26% from their previous estimate for the first quarter but still down over a half percent (-0.66%) from the +2.08% reported for the fourth quarter of 2016.

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