Second Quarter 2017 Advance Estimate GDP
Submitted by Atlas Indicators Investment Advisors on August 1st, 2017
America’s gross domestic product (GDP) grew 2.6 percent on an annualized basis during the second quarter of 2017 according to the first of at least three estimates from the Bureau of Economic Analysis. This represents an acceleration compared to the economy’s pace in the first three months of this year when output grew by just 1.2 percent (downwardly revised from 1.4 percent).