Second Quarter 2017 GDP Final Revision
Submitted by Atlas Indicators Investment Advisors on October 2nd, 2017The estimate for output growth during the second quarter of 2017 was revised marginally higher by the Bureau of Economic Analysis. Their third and “final” attempt to quantify gross domestic product (GDP) indicates the economy grew 3.1 percent on an inflation-adjusted, annualized basis versus 3.0 in the second estimate. For comparison, GDP increased just 1.2 percent from