The “third” estimate for fourth quarter 2013 shows U.S. real gross domestic product increasing at an annualized rate of 2.6 percent, higher than the 2.4 percent growth first reported in the “second” estimate. The revision consisted of a larger increase in personal consumption expenditures from third to fourth quarter 2013. Nonresidential fixed investment, net exports and state … [Read more...] about Business Indicators: May 2014
Business Indicators: April 2014
The “second” estimate for fourth quarter 2013 shows U.S. real gross domestic product increasing at an annualized rate of 2.4 percent, lower than the 3.2 percent growth first reported in the “advance” estimate. The revision consisted of a smaller increase in personal consumption expenditures from third to fourth quarter 2013. Non-residential fixed investment, net exports and … [Read more...] about Business Indicators: April 2014
Business Indicators: March 2014
The “advance” estimate for fourth quarter 2013 shows U.S. real gross domestic product increasing at an annualized rate of 3.2 percent, below the 4.1 percent growth experienced during third quarter 2013. Personal consumption expenditures, non-residential fixed investment, net exports and state and local government spending made positive contributions. Federal government spending … [Read more...] about Business Indicators: March 2014
Business Indicators: February 2014
The “third” estimate for third quarter 2013 shows U.S. real gross domestic product increasing at an annualized rate of 4.1 percent, an improvement over the 3.6 percent growth reported in the “second” estimate. Higher levels of personal consumption expenditures and nonresidential fixed investment were responsible for the upward revision. Residential investment, net exports, and … [Read more...] about Business Indicators: February 2014
January 2014: Business Indicators
The “second” estimate for third quarter 2013 shows U.S. real gross domestic product increasing at an annualized rate of 3.6 percent, an improvement over the 2.8 percent growth initially reported. Most of the revision was due to an acceleration of private inventory investment. Personal consumption expenditures, business fixed investment, residential investment, net exports and … [Read more...] about January 2014: Business Indicators
December 2013: Business Indicators
Advanced estimates for third quarter 2013 show U.S. real gross domestic product increasing at an annualized rate of 2.8 percent, a slight improvement over the 2.5 percent growth experienced in second quarter 2013. Federal government spending made negative contributions. Personal consumption expenditures, private inventory investment, business fixed investment, residential … [Read more...] about December 2013: Business Indicators
November 2013: Business Indicators
Revised estimates for second quarter 2013 show U.S. real gross domestic product increasing at an annualized rate of 2.5 percent, an improvement over the 1.7 percent growth first reported. Federal government spending made negative contributions. Personal consumption expenditures, private inventory investment, business fixed investment, residential investment, and state and local … [Read more...] about November 2013: Business Indicators
September 2013: Business Indicators
Estimates for second quarter 2013 show U.S. real gross domestic product increasing at an annualized rate of 1.7 percent, an improvement over the 1.1 percent growth experienced in first quarter 2013. Federal government spending and net exports made negative contributions. Personal consumption expenditures, private inventory investment, business fixed investment, residential … [Read more...] about September 2013: Business Indicators
July 2013: Business Indicators
Revised estimates for first quarter 2013 show U.S. real GDP increasing at an annualized rate of 2.4 percent, an improvement over the 0.4 percent growth experienced in fourth quarter 2012. Federal government spending, net exports, and state and local government spending all made negative contributions. Personal consumption expenditures, private inventory investment, business … [Read more...] about July 2013: Business Indicators
June 2013: Business Indicators
Initial estimates for first quarter 2013 show U.S. real GDP increasing at an annualized rate of 2.5 percent, an improvement over the 0.4 percent growth experienced in fourth quarter 2012. Federal government spending, net exports, and state and local government spending all made negative contributions. Personal consumption expenditures, private inventory investment, business … [Read more...] about June 2013: Business Indicators
May 2013: Business Indicators
Revised estimates for fourth quarter 2012 show U.S. real GDP increasing at an annualized rate of 0.4 percent, a little higher than the “second” estimated rate of 0.1 percent. Private inventory investment, federal government spending, and exports made negative contributions. The reduction in federal government spending comes after a surge in defense spending during third … [Read more...] about May 2013: Business Indicators
March 2013: Business Indicators
First estimates for fourth quarter 2012 show U.S. real GDP decreasing by an annualized rate of 0.1 percent. Private inventory investment, federal government spending, and exports made negative contributions. The reduction in federal government spending comes after a surge in defense spending during third quarter, as a response to possible sequestration. In addition, Europe’s … [Read more...] about March 2013: Business Indicators
February 2013: Business Indicators
The U.S. economy is showing signs of moderate improvement. Revised estimates of U.S. real GDP for third quarter 2012 show an annualized growth rate of 3.1 percent, up from the previous estimate of 2.0 percent. Most of the revision can be attributed to a higher rate of inventory accumulation than previously estimated. Although real GDP growth was higher than the tepid 1.3 … [Read more...] about February 2013: Business Indicators
January 2013: Business Indicators
The U.S. economy is showing signs of moderate improvement. Revised estimates of U.S. real GDP for third quarter 2012 show an annualized growth rate of 2.7 percent, up from the previous estimate of 2.0 percent. Most of the improvement can be attributed to a higher rate of inventory accumulation than previously estimated. U.S. nonfarm employment continues to rise, gaining 146,000 … [Read more...] about January 2013: Business Indicators
December 2012: Business Indicators
The U.S. economy is showing signs of moderate improvement. Estimates of U.S. real GDP for third quarter 2012 show an annualized growth rate of 2.0 percent. Although higher than the tepid 1.3 percent growth rate for second quarter, the third quarter rate is well below the average growth rate of 3.4 percent the U.S. economy experienced from 1947 to 2007. Growth in U.S. real GDP … [Read more...] about December 2012: Business Indicators