Category: "gdp"

Consumer Spending Increase Saves 4Q 2016 GDP Estimate from a Decline

February 28th, 2017
in aa syndication, consumer metrics institute, gdp

by Rick Davis, Consumer Metrics Institute

February 28, 2017 - BEA Revision Revises 4th Quarter 2016 GDP Growth To 1.85%:

In their second estimate of the US GDP for the fourth quarter of 2016, the Bureau of Economic Analysis (BEA) reported that the US economic growth rate was +1.85%, essentially unchanged from the +1.87% previously reported but down by nearly half (-1.68%) from the prior quarter.

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Gross Attention to the Gross Domestic Product

February 8th, 2017
in aa syndication, gdp

Written by , Alternativeinsight

 Prepared by the Bureau of Economic Analysis of the Department of Commerce, the Gross Domestic Product (GDP) serves primarily as an accounting function for the United States government  ̶  one statement in a description of national accounts. By summarizing the monetary value and sources of services and production, the GDP reports all expenditures in the U.S.economy. Anxiously awaited, the economic statistic is employed to indicate and forecast the health of an economy. However, the GDP tends to be misinterpreted, ambiguously defined, and improperly used. Is there more to its well-arranged numbers than invigorating government officials and encouraging investors?

gdp.crystal.ball

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Inventories and Low Deflator Boost Low GDP Estimate

January 29th, 2017
in consumer metrics institute, gdp

BEA Estimates 4th Quarter 2016 GDP at 1.87%

by Rick Davis, Consumer Metrics Institute

In their first (preliminary) estimate of the US GDP for the fourth quarter of 2016, the Bureau of Economic Analysis (BEA) reported that the US economic growth rate was +1.87%, down by nearly half (-1.66%) from the prior quarter.

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Third Quarter 2016 GDP Growth is Impressive

December 25th, 2016
in consumer metrics institute, gdp

by Rick Davis, Consumer Metrics Institute

In their third and final estimate of the US GDP for the third quarter of 2016, the Bureau of Economic Analysis (BEA) reported that the growth rate was +3.53%, up +0.38% from their previous estimate and up +2.11% from the prior quarter.

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Adjustments to 3Q 2016 GDP Include Increased Consumer Spending

November 30th, 2016
in consumer metrics institute, gdp

by Rick Davis, Consumer Metrics Institute

BEA Estimates 3rd Quarter 2016 GDP Growth to be 3.15%:

In their second estimate of the US GDP for the third quarter of 2016, the Bureau of Economic Analysis (BEA) reported that the growth rate was +3.15%, up +0.24% from their previous estimate and up +1.73% from the prior quarter.

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