Third quarter U.S. gross domestic product (GDP) was slightly revised to 3.4 on Friday, the third estimate nearly unchanged from the 3.5 percent second estimate.
Real gross domestic product was revised a third time slightly Friday to 3.4 percent after a second Bureau of Economic Analysis (BEA) Q3 estimate of 3.5.
“Real gross domestic income (GDI) increased 4.3 percent in the third quarter, compared with an increase of 0.9 percent in the second quarter,” according to the BEA announcement. Real GDP and real GDI averaged “a supplemental measure of U.S. economic activity that equally weights GDP and GDI, increased 3.8 percent in the third quarter, compared with an increase of 2.5 percent in the second quarter.”
More
DelMarVa's Premier Source for News, Opinion, Analysis, and Human Interest Contact Publisher Joe Albero at alberobutzo@wmconnect.com or 410-430-5349
No comments:
Post a Comment