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Tag Archives: GDP backwards revisions
2Q 2012 GDP Revised Down: The Details
by Rick Davis In their second and “final” revision to their estimate of the second quarter 2012 GDP, the Bureau of Economic Analysis (BEA) found that the annualized rate of U.S. domestic economic growth was 1.26%, down about a half … Continue reading
Posted in GDP
Tagged BEA, CMI, Consumer Metrics Institute, disposable personal income, GDP, GDP backwards revisions, Rick Davis
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2Q 2012 GDP: Economy Slowing
by Rick Davis In their first estimate of the second quarter 2012 GDP, the Bureau of Economic Analysis (BEA) found that the annualized rate of U.S. domestic economic growth was 1.54%, down nearly a half percent from the (revised) 1.97% … Continue reading
