The Housing Chronicles Blog: First quarter GDP growth revised down to 2.2 percent in second estimate

Wednesday, May 30, 2018

First quarter GDP growth revised down to 2.2 percent in second estimate

Real gross domestic product (GDP) increased at an annual rate of 2.2 percent in the first quarter of 2018 according to the "second" estimate released by the Bureau of Economic Analysis. In the advance estimate, the increase was 2.3 percent. In the fourth quarter of 2017, real GDP increased 2.9 percent.

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