Real gross domestic product continued its hot pace in the second quarter, according to the second (revised) estimate released Thursday by the Bureau of Economic Analysis.
Tag: Jay Bryson
2Q GDP Heats Up Some More
Real gross domestic product increased at an annual rate of 6.5 percent in the second quarter, according to the “advance” (first) estimate reported Thursday by the Bureau of Economic Analysis.
2nd Look at 1Q GDP Unchanged at 6.4%
Second verse, same as the first: The Bureau of Economic Analysis on Thursday said its second (revised) estimate of 1st quarter gross domestic product showed economic growth increased at an annual rate of 6.4 percent, unchanged from its first estimate in April.
1Q GDP Report Shows Accelerating Economy
Real gross domestic product increased at an annual rate of 6.4 percent in the first quarter—the fastest such pace in more than 36 years—according to the first (advance) estimate released yesterday by the Bureau of Economic Analysis.
Final 4Q GDP Sees 4.3% Increase
Real gross domestic product increased at an annual rate of 4.3 percent in the fourth quarter, according to the “third” (final) estimate released by the Bureau of Economic Analysis.
Fed Sees ‘Substantial’ Economic Progress This Year
The Federal Open Market Committee yesterday acknowledged a fast-heating U.S. economy, but said it did not expect increases in the federal funds rate before 2023.
4th Quarter GDP Slows after Explosive 3Q Rebound
Gross domestic product increased at an annual rate of 4 percent in the fourth quarter, according to the “advance” estimate released yesterday by the Bureau of Economic Analysis.
Fed Stays the Course: Monetary Policy ‘Quite Supportive for Housing, Mortgage Markets’
With the economy still suffering and a sharp uptick in coronavirus cases nationwide, the Federal Open Market Committee was widely expected to hold the line during its two-day policy meeting that ended yesterday. And it did.
Initial Claims Drop, Remain Elevated
This week’s initial unemployment claims report from the Labor Department sounds an increasingly familiar theme: a slight drop from the previous week, tempered by the reality that claims remain highly elevated from pre-pandemic levels.
Economy Shows Hint of Recovery
What goes down must come up: after the coronavirus resulted in a staggering record drop in the second quarter, the U.S. economy bounced back somewhat in the third quarter, according to the first (advance) estimate of gross domestic product.