.comment-link {margin-left:.6em;}

Economy

Economic Data (USA)

Thursday, February 28, 2019

Gross Domestic Product (GDP): First Estimate for Q4, 2018

Earlier this morning, the Commerce Department's Bureau of Economic Analysis (BEA) released its first estimate for U.S. Real Gross Domestic Product (GDP) for the fourth quarter of 2018 :

Predicted: +2.2%
Actual: +2.6%

The yellow-highlighted percentage represents the quarter-to-quarter change for Real Gross Domestic Product for the entire United States.


============

The GDP is a very broad measure of economic activity for the entire United States, covering all sectors of the economy. The Commerce Department defines real GDP as, "the output of goods and services produced by labor and property located in the United States."

============

Chart: GDP - Q4 2018 - First Estimate
Chart: GDP - Q4 2018 - First Estimate

============


============


Labels: , ,


>  SITEMAP  <

0 Comments:

Post a Comment

<< Home


www.FedPrimeRate.com
Entire Website © 2019 FedPrimeRate.comSM


This website is neither affiliated nor associated with The United States Federal Reserve in any way.
Information in this website is provided for educational purposes only. The owners of this website
make no warranties with respect to any and all content contained within this website. Consult a
financial professional before making important decisions related to any investment or loan
product, including, but not limited to, business loans, personal loans, education loans, first
or second mortgages, credit cards, car loans or any type of insurance.