The Housing Chronicles Blog: First quarter GDP growth rose to 1.4 percent in final estimate

Thursday, June 29, 2017

First quarter GDP growth rose to 1.4 percent in final estimate

Real gross domestic product (GDP) increased at an annual rate of 1.4 percent in the first quarter of 2017 according to the "third" estimate released by the Bureau of Economic Analysis. In the second estimate, the increase in real GDP was 1.2 percent. With the third estimate for the first quarter, personal consumption expenditures (PCE) and exports increased more than previously estimated.


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