Second Quarter GDP Was Great, But There Will Be No Encore Soon

Tabb Forum
August 6, 2018

The Bureau of Economic Analysis of the US Department of Commerce recently announced that the nation’s estimated gross domestic product, which is the value of all goods and services produced in the nation, increased at a seasonally adjusted annual rate of 4.1 percent during the second quarter of this year. This is the largest gain since the third quarter of 2014. The revised GDP estimate for the second quarter, based on more complete data, will be released on August 29, 2018. Real GDP for the first quarter was revised slightly upward, to 2.2% from 2.0%…Read More

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