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The Consumer Saves 4Q 2016 GDP

Thursday, March 30, 2017 19:49
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(Before It's News)

Written by Rick Davis, Consumer Metrics Institute

March 30, 2017 – BEA Revision Revises 4th Quarter 2016 GDP Growth Upward To 2.08%

CMI.logoIn their third and final estimate of the US GDP for the fourth quarter of 2016, the Bureau of Economic Analysis (BEA) reported that the US economy was growing at a +2.08% annual rate, up slightly from the +1.85% previously reported but down by -1.45% from the prior quarter.

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Source: http://econintersect.com/a/blogs/blog1.php/the-consumer-saves-4q-2016

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