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US Gross Domestic Product, Third Quarter 2024 (Second Estimate) and Corporate Profits (Preliminary)
Real gross domestic product (GDP) increased at an annual rate of 2.8 percent in the third quarter of 2024 (table 1), according to the "second" estimate released by the U.S. Bureau of Economic Analysis. In the second quarter, real GDP increased 3.0 percent. The GDP estimate released today is based on more complete source data than were available for the "advance" estimate issued last month. In the advance estimate, the increase in real GDP was also 2.8 percent. The update primarily reflected upward revisions to private inventory investment and nonresidential fixed investment as well as downward revisions to exports ... (full story)
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US economy expands by 2.8% in Q3
The United States' gross domestic product (GDP) saw an annual rise of 2.8% in the third quarter, the Bureau of Economic Analysis (BEA) said in its second estimate released on Wednesday. The figure matched market expectations and the one given in the first report. Current-dollar personal income in the third trimester grew by $175.9 billion year-on-year, a downward revision of $45.3 billion compared to the initial estimate. Disposable personal income increased by 2.3% or $122.9 billion in contrast with the same quarter the year before, a downward revision of $43.1 billion from the previous estimate. The personal ... (full story)
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From dol.gov|Nov 27, 2024In the week ending November 23, the advance figure for seasonally adjusted initial claims was 213,000, a decrease of 2,000 from the previous week's revised level. The previous ...
From census.gov|Nov 27, 2024The U.S. Census Bureau announced the following international trade, wholesale inventories, and retail inventories advance statistics for October 2024: table The international ...
From fxstreet.com|Nov 27, 2024|1 commentThe United States Bureau of Economic Analysis (BEA) is set to release the Personal Consumption Expenditures (PCE) Price Index data for October on Wednesday at 15:00 GMT. This ...
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From globalnews.ca|Nov 27, 2024Bank of Canada deputy governor Rhys Mendes says allowing for a period of price declines may sound tempting, but it would ultimately be more painful for Canadians. Mendes made the ...
From nar.realtor|Nov 27, 2024Pending home sales ascended in October – the third consecutive month of increases – according to the National Association of REALTORS®. All four major U.S. regions experienced ...
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- Posted: Nov 27, 2024 8:34am
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