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GDP revised up to strong 3.8% rate in second quarter, final estimate shows
The economy grew at a 3.8% annual rate in the second quarter of this year, an upward revision of five-tenths of a percentage point, the Bureau of Economic Analysis reported Thursday morning.
The report is the third and final estimate for last quarter’s GDP. The headline number can change during such revisions. The data show that the economy bounced back after a contraction in the first quarter.
www.washingtonexaminer.com
GDP revised up to strong 3.8% rate in second quarter, final estimate shows
The economy grew at a 3.8% annual rate in the second quarter of this year, an upward revision of five-tenths of a percentage point, the Bureau of Economic Analysis reported Thursday morning.
The report is the third and final estimate for last quarter’s GDP. The headline number can change during such revisions. The data show that the economy bounced back after a contraction in the first quarter.
GDP revised up to strong 3.8% rate in second quarter
Second-quarter GDP was revised up to a strong 3.8% rate. That comes after the GDP contracted in the first quarter.
www.washingtonexaminer.com