The revised growth estimate, still the fastest in two years, reflected updated figures on research and development expenses from companies, spending by nonprofit institutions and use of financial services.
March 28, 2018 • The Commerce Department
revises its growth estimate upward to 2.9 percent for the fourth quarter.
Yesterday's stock rally was at least partially a result of the IMF upwardly
revising growth estimates for both the global economy and the U.S. economy.
Not exact matches
This week, the International Monetary Fund (IMF) released a new
estimate of economic
growth,
revising their short - term
estimate upwards because of...
Revised estimates for 2014 healthcare spending
growth show increases larger than initially reported — which continues a worrisome trend, says a new C.D. Howe Institute report.
Forecasters are generally
revising down global
growth estimates for 2011 and 2012, mainly as a result of weaker outcomes for the major countries.
The IEA
revised up its forecast for oil demand
growth this year, upping it to 1.6 million barrels per day (mb / d) from its July
estimate of just 1.5 mb / d.
The IEA reported that world oil supply fell by 720,000 bpd in August compared to July, while on the other hand, the agency
revised up its forecast for oil demand
growth this year to 1.6 million bpd from the previous
estimate for 1.5 million bpd
growth.
Earlier this month, the International Energy Agency (IEA)
revised upwards its forecast for oil demand
growth this year to 1.6 million bpd from the previous
estimate for 1.5 million bpd
growth.
As a result of these trends, which generally have been stronger than expected,
estimates of global
growth in 1999 have been
revised up further since the Bank's August report.
This report also comes out less than six hours after the Commerce Department had reported that the nation's gross domestic product (GDP) had been
revised upward for the second quarter from an initial
estimate of 1.5 %
growth to a mildly more reassuring rate of 1.7 %.
Estimates for global gdp
growth were
revised lower overnight, and as you can see below, the materials and metals bore the brunt of the beating as the Dow...
In an August 28 Wall Street Journal editorial it noted that «To no one's surprise except Vice President Joe Biden's, second quarter economic
growth was
revised down yesterday to 1.6 % from the prior
estimate of
growth of 2.4 % which was down from first quarter
growth of 3.7 %, which was down from the 2009 fourth quarter's 5 %.
The
estimate for annualized second - quarter 2017
growth was
revised up from 2.6 % to 3.0 % — its quickest rate of expansion since the start of 2015 — due to higher levels of consumer spending and business investment than initially thought.
More important, the previous two months of employment gains were
revised upwards: February job
growth was
estimated to be 332,000 rather than 268,000, and March job
growth was
revised from 88,000 to 138,000.
Unfortunately it was accompanied by
growth estimates for the second quarter being
revised down from 0.1 % to zero by the Office for National Statistics (ONS).
Construction output was at its lowest in 12 years in the first quarter; however, information from within the industry suggests that the first
estimate of 0.9 per cent
growth will be
revised upwards in the ONS's second and third
estimates.
New York had initially projected a 5.7 percent
growth in capital gains last year, but ultimately
revised that
estimate to a 3 percentage point decline.
The U.N. Department of Economic and Social Affairs yesterday released
revised numbers for the coming century, raising median
estimates for population
growth in 2050 and 2100.
It also
revised upwards its
growth forecasts, forecasting a
growth of 2.2 % of GDP in 2017, and
estimated that unemployment could fall to 4.3 %.
The figure was
revised up from an initial
estimate of just 0.7 percent
growth.
The Bureau of Economic Analysis (BEA) released the advance
estimate of real GDP
growth for the second quarter of 2016 plus
revised estimates back to 2013.
The final
estimate of GDP
growth was
revised higher from both the second and the... Read More»
Growth in economic output was
revised upward to a seasonally adjusted annual rate of 3.9 % from 3.5 % in the advance
estimate.
The Bureau of Economic Analysis (BEA)
revised its
estimate of real GDP
growth to a seasonally adjusted annual rate of 4.2 % in the second quarter, up from the initial
estimate of 4.0 %.
Growth in economic output was
revised upward to a seasonally adjusted annual rate of 5.0 % from 3.9 % in the second and 3.5 % in the advance
estimate.
The Bureau of Economic Analysis (BEA)
revised its
estimate of real GDP
growth to a seasonally adjusted annual rate of 4.6 % in the second quarter, up from the initial
estimate of 4.0 % and a second
estimate of 4.2 %.
Growth was
revised to a seasonally adjusted annual rate of 3.1 %, up from 2.7 % in the second
estimate (last month) and 2.0 % in the advance
estimate (October), a marked improvement from the second quarter pace of 1.3 %.
Real GDP
growth was
revised upward to a seasonally adjusted annual rate of 3.6 %, from the advance
estimate of 2.8 %.
Real GDP grew at a seasonally adjusted annual rate of 2.5 %,
revised up from the advance
estimate last month of 1.7 % second quarter
growth.
The Bureau of Economic Analysis (BEA) second
estimate of real GDP
growth for the first quarter of 2013 is 2.4 %,
revised down from 2.5 % in the advance
estimate.
Final
estimates of first quarter 2017 GDP
growth (
revised up two - tenths of a percentage point to 1.4 %), show that housing's share of gross domestic product (GDP) was unchanged at 15.6 %.