Here’s a summary of housing market/economic stories that came across the MBA NewsLink desk this week:
Tag: Gross Domestic Product

3Q GDP Shows 2.9% Growth
Real gross domestic product increased at an annual rate of 2.9 percent in the third quarter, according to the “second” (revised) estimate released Wednesday by the Bureau of Economic Analysis.

Robust Spending Boosts 3Q GDP
After two quarters in negative territory, real U.S. gross domestic product swung positive in the third quarter, according to the first (advance) estimate released by the Bureau of Economic Analysis Thursday.

GDP: 2Q Pace of Slowing Decreases
The U.S. economy continued to slow in the second quarter, the Bureau of Economic Analysis reported Thursday, although not at a pace as dramatically earlier this summer.

Mixed Bag as 1Q GDP Revises to -1.5%
Real gross domestic product decreased at an annual rate of 1.5 percent in the first quarter, according to the “second” (revised) estimate Thursday by the Bureau of Economic Analysis.

1st Quarter GDP Falls 1.4%
U.S. gross domestic product fell for the first time in two years, the Bureau of Economic Analysis reported Thursday, although analysts did not seem overly concerned.

GDP Report Shows Economy Roaring Along, but Inflation Taking Bite Out of Profits
U.S. gross domestic product fired on all cylinders in the fourth quarter, the Bureau of Economic Analysis reported Wednesday, although rising prices cut into corporate profits.

4Q GDP Zips Along at 7% Clip; 2021 GDP Grew by 5.7%
U.S. gross domestic product continued to move along at a brisk clip in the fourth quarter, according to the second (revised) estimate issued Thursday by the Bureau of Economic Analysis.

3Q GDP Settles in at 2.3%
U.S. Gross Domestic Product increased by 2.3 percent annually in the third quarter, a somewhat slower pace than the second quarter amid new COVID concerns, according to the third (final) estimate by the Bureau of Economic Analysis.

3Q GDP Holds Steady at 2.1%
Real gross domestic product increased at an annual rate of 2.1 percent in the third quarter, according to the “second” estimate released by the Bureau of Economic Analysis.