U.S. Q2 GDP Growth At 2.3%

Real gross domestic product increased at a seasonally adjusted annual rate of 2.3% in the second quarter of 2015, the U.S. BEA published this morning. This was the preliminary estimate for Q2, and was an improvement from Q1 growth rate of 0.6% annualized.

Components of GDP by their contributions to GDP growth in Q2:

  • Personal consumption expenditures: +1.99%
  • Private investment: +0.06%
  • Net Exports: +0.13%
  • Government Consumption: +0.14%

GDP Contributions

Nominal GDP was at an annualized $17.8405 trillion in Q2, while real (inflation adjusted, 2009 chained) GDP was $16.2704 trillion.

Niminal GDP

Real GDP was up 2.3% from Q2 2014.

Annual GDP

U.S. Q1 GDP Growth Revised To -0.2%

Real gross domestic product decreased at a seasonally adjusted annual rate of 0.2% in the first quarter of 2015, the U.S. BEA published this morning. This was the third estimate for Q1, and was an improvement from the second estimate of a -0.7% rate of growth. The GDP growth rate in Q4 was 2.2% annualized.

Components of GDP by their contributions to GDP growth in Q1:

  • Personal consumption expenditures: +1.43%
  • Private investment: +0.40%
  • Net Exports: -1.89%
  • Government Consumption: -0.11%

GDP Components

Nominal GDP was at an annualized $17.6933 trillion in Q1, while real (inflation adjusted, 2009 chained) GDP was $16.2877 trillion.

Nominal GDP

Real GDP was up 2.9% from Q1 2014.

Annual GDP

U.S. Q1 GDP Growth Revised To -0.7%

Real gross domestic product decreased at a seasonally adjusted annual rate of 0.7% in the first quarter of 2015, the U.S. BEA published this morning. This was the second estimate for Q1, and was a downgrade from the advance estimate of 0.2% growth. The GDP growth rate in Q4 was 2.2% annualized.

Components of GDP by their contributions to GDP growth in Q1:

  • Personal consumption expenditures: +1.23%
  • Private investment: +0.12%
  • Net Exports: -1.90%
  • Government Consumption: -0.20%

GDP Components

Nominal GDP was at an annualized $17.6650 trillion in Q1, while real (inflation adjusted, 2009 chained) GDP was $16.2641 trillion.

Nominal GDP

Real GDP was up 2.7% from Q1 2014.

Annual GDP

U.S. Q1 2015 Advance GDP Growth Estimate At Only 0.2%

Real gross domestic product increased at a seasonally adjusted annual rate of 0.2% in the first quarter of 2015, the U.S. BEA published this morning. This was the advance estimate for Q1. The GDP growth rate in Q4 was 2.2% annualized.

Components of GDP by their contributions to GDP growth in Q1:

  • Personal consumption expenditures: +1.31%
  • Private investment: +0.34%
  • Net Exports: -1.25%
  • Government Consumption: -0.15%

GDP Contributions

Nominal GDP was at an annualized $17.7100 trillion in Q1, while real (inflation adjusted, 2009 chained) GDP was $16.3048 trillion.

Nominal GDP

Real GDP was up 3.0% from Q1 2014.

Annual GDP

U.S. Q4 2014 GDP Revisions Keep Growth At 2.2%

Real gross domestic product increased at a seasonally adjusted annual rate of 2.2% in the fourth quarter of 2014, the U.S. BEA published this morning. This was the third estimate for Q4, and the headline figure is essentially unchanged from the prior estimate. The GDP growth rate in Q3 was 5.0% annualized.

Components of GDP by their contributions to GDP growth in Q4:

  • Personal consumption expenditures: +2.98%
  • Private investment: +0.61%
  • Net Exports: -1.03%
  • Government Consumption: -0.35%

GDP Components

Nominal GDP was at an annualized $17.7037 trillion in Q4, while real (inflation adjusted, 2009 chained) GDP was $16.2947 trillion.

Nominal GDP

Real GDP was up 2.4% from Q4 2013.

GDP Annual

U.S. Q4 GDP Growth Revised Down To 2.2%

Real gross domestic product increased at a seasonally adjusted annual rate of 2.2% in the fourth quarter, the U.S. BEA published this morning. This was the second estimate for Q4, and is a decrease from the initial estimate of a 2.6% annualized growth rate. The GDP growth rate in Q3 was 5.0% annualized.

Components of GDP by their contributions to GDP growth in Q4:

  • Personal consumption expenditures: +2.83%
  • Private investment: +0.84%
  • Net Exports: -1.15%
  • Government Consumption: -0.32%

GDP Components

Nominal GDP was at an annualized $17.7013 trillion in Q4, while real (inflation adjusted, 2009 chained) GDP was $16.2937 trillion.

GDP Nominal

Real GDP was up 2.4% from Q4 2013.

GDP Annual

U.S. Q4 GDP Growth At 2.6%

Real gross domestic product increased at a seasonally adjusted annual rate of 2.6% in the fourth quarter, the U.S. BEA published this morning. This was the first estimate for Q4, and is down from the 5.0% growth rate in Q3.

Components of GDP by their contributions to GDP growth in Q43:

  • Personal consumption expenditures: +2.87%
  • Private investment: +1.20%
  • Net Exports: -1.02%
  • Government Consumption: -0.40%

GDP Components

Nominal GDP was at an annualized $17.7107 trillion in Q4, while real (inflation adjusted, 2009 chained) GDP was $16.3116 trillion.

GDP Nominal

Real GDP is up 2.5% from Q4 2013.

GDP Annual