• Home
  • Stock News
  • Privacy Policy
  • Email Whitelisting
No Result
View All Result
Dividend Stocks Report
No Result
View All Result
Home Stock News

Q3 GDP Growth Revised up to 2.1% Annual Rate

by
November 24, 2021
in Stock News
0
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

Related Posts

Stocks making the biggest moves midday: Peloton, AMD, Snap and more

Meta set to report fourth-quarter earnings after the bell

Biden and McCarthy clash ahead of White House debt ceiling meeting

Electric truck maker Rivian to lay off 6% of its workforce as EV price war concerns grow

by Calculated Risk on 11/24/2021 08:33:00 AM

From the BEA: Gross Domestic Product, Third Quarter 2021 (Second Estimate); Corporate Profits, Third Quarter 2021 (Preliminary Estimate)

Real gross domestic product (GDP) increased at an annual rate of 2.1 percent in the third quarter of 2021, according to the “second” estimate released by the Bureau of Economic Analysis. In the second quarter, real GDP increased 6.7 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 2.0 percent. The update primarily reflects upward revisions to personal consumption expenditures (PCE) and private inventory investment.
emphasis added

Here is a Comparison of Second and Advance Estimates. PCE growth was revised up from 1.6% to 1.7%. Residential investment was revised down from -7.7% to -8.3%. This was at the consensus forecast.

Next Post

Weekly jobless claims post stunning decline to 199,000, the lowest level since 1969

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

email

Get the daily email about stock.

Please Enter Your Email Address:

By opting in you agree to our Privacy Policy. You also agree to receive emails from us and our affiliates. Remember that you can opt-out any time, we hate spam too!

Popular Posts

Stock News

Biden and McCarthy clash ahead of White House debt ceiling meeting

by
February 1, 2023
0

House Republican leader Kevin McCarthy speaks to reporters following a meeting with U.S. President Joe Biden and other congressional leaders...

Read more

Biden and McCarthy clash ahead of White House debt ceiling meeting

Meta set to report fourth-quarter earnings after the bell

Stocks making the biggest moves midday: Peloton, AMD, Snap and more

Electric truck maker Rivian to lay off 6% of its workforce as EV price war concerns grow

FedEx is laying off 10% of its officers and directors amid cooling demand

Sports-betting giant DraftKings cuts 140 jobs as part of reorganization

Load More

All rights reserved by www.dividendstocksreport.net

  • Home
  • Stock News
  • Privacy Policy
  • Email Whitelisting
No Result
View All Result
  • Home
  • Stock News
  • Privacy Policy
  • Email Whitelisting

© 2023 JNews - Premium WordPress news & magazine theme by Jegtheme.