Loading...
Loading...
real-gdp-up-in-second-quarter-advance-estimate-from-the-bureau-of-economic-analysis
real-gdp-up-in-second-quarter-advance-estimate-from-the-bureau-of-economic-analysis

Real GDP up in second quarter advance estimate from the Bureau of Economic Analysis

0

According to the advance estimate released by the Bureau of Economic Analysis, real gross domestic product (GDP) increased at an annual rate of 1.2% in the US in the second quarter of 2016.

The increase reflected positive contributions from personal consumption expenditures (PCE) and exports that were partly offset by negative contributions from private inventory investment, both residential and non-residential fixed investment, and state and local government spending across America.

Imports, which are a subtraction in the calculation of GDP, decreased in the second quarter.

... to continue reading you must be subscribed

Subscribe Today

Paywall Asset Header Graphic

To access hundreds of features, subscribe today! At a time when the world is forced to go digital more than ever before just to stay connected, discover the in-depth content our subscribers receive every month by subscribing to gasworld.

Please wait...