Friday, January 30, 2015

GDP: Q4 2014 (First Estimate)

Today, the Bureau of Economic Analysis (BEA) released their first "estimate" of the Q4 2014 GDP report showing that the economy grew strongly in the third quarter with real GDP improving at an annualized rate of 2.6% from Q3 2014.

On a year-over-year basis, real GDP increased 2.48% while the quarter-to-quarter non-annualized percent change was an increase of 0.65%.