Home >> Tag Archives: Bureau of Economic Analysis (page 2)

Tag Archives: Bureau of Economic Analysis

Second-Quarter GDP Growth Revised Upward

The Bureau of Economic Analysis (BEA) reported that gross domestic product (GDP) grew last quarter at an annualized rate of 4.2 percent, a little bit better than the 4.0 percent growth originally recorded in last month's initial estimate. Economists had expected no change from the first report.

Read More »

First-Quarter GDP Shrinks at Fastest Rate Since 2009

In its third and final estimate of first-quarter growth, the Department of Commerce recorded an annualized 2.9 percent decline in GDP throughout the year's first months. While analysts expected GDP growth to shrink further following the last estimate of a 1.0 percent decline, the reported number represents a sharper downturn than the 1.8 percent contraction that had been forecast.

Read More »

GDP Takes Negative Turn in Second Q1 Estimate

The Bureau of Economic Analysis (BEA) released Thursday its second look at gross domestic product (GDP) for Q1, estimating an annualized 1.0 percent decline as private inventory investment dropped further than originally reported. BEA's first estimate, released late April, put growth at an estimated annual rate of 0.1 percent compared to Q4's final rate of 2.6 percent.

Read More »

Fourth-Quarter GDP Growth Bumped Up to 2.6%

According to the Bureau of Economic Analysis (BEA), the increase in real GDP last quarter mostly reflected positive contributions from consumer spending, exports, and nonresidential fixed investment. Those gains were partly offset by drags in federal government spending and expenditures on housing. The latest growth estimate was an improvement over BEA’s second report, which suggested 2.4 percent annualized growth.

Read More »

Fourth-Quarter GDP Growth Slashed

In the second of three planned reports, the Bureau of Economic Analysis (BEA) put gross domestic product (GDP) growth at an annual rate of 2.4 percent in Q4 2013, down from its initial estimate of 3.2 percent in January and its final report of 4.1 percent in the third-quarter. Full-year growth is estimated at 1.9 percent compared to 2.8 percent in 2012.

Read More »

GDP Advances 3.2% in Q4

The nation's economy continued to grow in the fourth quarter, helped along by improvements in consumer spending and business investment. In its "advance" estimate of real gross domestic product (GDP) last quarter, the Bureau of Economic Analysis (BEA) put growth at an estimated annual rate of 3.2 percent. Last quarter's increase was driven mostly by positive contributions from personal consumer expenditures, nonresidential fixed investment, and exports.

Read More »

Inventories Add to Third-Quarter GDP Estimates

Third-quarter gross domestic product (GDP) advanced ahead of initial estimates, the Bureau of Economic Analysis (BEA) reported Thursday. For the second of its three quarterly GDP reports, BEA put economic growth at 3.6 percent in the third quarter, well ahead of the 2.8 percent growth projected in the preliminary report released early November. According to BEA, the revision reflects an increase in private inventory investment, which was far greater than previously estimated.

Read More »

August Personal Income Improves at Fastest Pace since February

Personal income grew in August at its fastest pace since February, and consumer spending grew faster than July, the Bureau of Economic Analysis (BEA) reported Friday. The growth matched economist forecasts of a 0.4 percent boost in income and a 0.3 percent increase in spending. BEA also revised up its estimate of both spending and income growth in July.

Read More »

Second-Quarter GDP Maintains 2.5% Growth Rate

The nation's economy grew at an annual rate of 2.5 percent in the second quarter, the Bureau of Economic Analysis (BEA) revealed Thursday. Economists had expected the report--the third in the series of monthly GDP reports by the BEA--to show the economy had grown at a 2.8 percent annual rate, which would have been faster than the 2.5 percent growth rate BEA reported a month ago.

Read More »

Subscribe to MDaily

MReport is here for you to stay on top of important developments in the mortgage marketplace. To begin receiving each day’s top news, market information, and breaking news updates, absolutely free of cost, simply enter your email address below.