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

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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

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