What Was 3rd Quarter GDP?
Increases in private inventory investment, PCE, state and local government expenditure, and nonresidential fixed investment offset losses in residential fixed investment, federal government spending, and exports in the third quarter, resulting in a rise in real GDP. Imports, which are deducted from GDP calculations, increased (table 2). Private inventory investment increased as wholesale trade (driven […]
What Was 3rd Quarter GDP? Read More »
