Author Topic: GDP Increases 3% in Second Quarter, More Than Double The Growth Seen in First Quarter  (Read 304 times)

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Offline aligncare

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GDP Increases 3% in Second Quarter, More Than Double The Growth Seen in First Quarter

GDP growth also exceeded economists' expectations

BY: Ali Meyer    
August 30, 2017 10:02 am

The U.S. economy expanded in the second quarter of 2017 as real gross domestic product grew at a rate of 3 percent, according to the second estimate released by the Bureau of Economic Analysis.

Real GDP represents the value of the production of goods and services in the economy and is adjusted for inflation.

The second quarter growth in 2017 of 3 percent, which includes performance from April, May, and July, more than double the 1.2 percent growth seen in the first quarter of 2017.

Dry, but a bit more at link:
http://freebeacon.com/issues/gdp-increases-3-second-quarter-double-growth-seen-first-quarter/

Offline MajorClay

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Obama NEVER had a quarter Greater than 3 per cent.