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by Rick Davis, Consumer Metrics Institute
February 28, 2017 – BEA Revision Revises 4th Quarter 2016 GDP Growth To 1.85%:
In their second estimate of the US GDP for the fourth quarter of 2016, the Bureau of Economic Analysis (BEA) reported that the US economic growth rate was +1.85%, essentially unchanged from the +1.87% previously reported but down by nearly half (-1.68%) from the prior quarter.