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The gap was less than 0.1% of GDP in 2022, revised from −0.6%. "It's worth noting the average statistical discrepancy as a share of GDP over the last 50 years is about 0.9%," said Wasshausen.
The Commerce Department had previously estimated that the nation’s gross domestic product — the total output of goods and services — expanded at a 1.6% rate last quarter. The first quarter's ...
The Bureau of Economic Analysis's advance estimate of first quarter US gross domestic product (GDP) showed the economy grew at an annualized pace of 1.6% during the period, missing the 2.5% growth ...
The U.S. economy grew at an annualized rate of 1.3% in the first quarter of 2024, marking a downward revision from the advance estimate of 1.6%. This represents the slowest growth rate since the ...
Gross domestic product, which measures all the services and goods produced in the economy, measured an annualized rate of 1.6% in the first quarter, the Commerce Department reported Thursday. It ...
The U.S. economy was even weaker in the first three months of 2022 than initially thought, the Bureau of Economic Analysis said Thursday, as it updated its estimate of first-quarter GDP growth to ...
On April 25, the Bureau of Economic Analysis's advance estimate of first quarter US gross domestic product showed the economy grew at an annualized pace of 1.6% during the period, missing the 2.5% ...
The reading came in higher than first quarter GDP, which was revised down to 1.4%. “We think [the second quarter] will end up being the best quarter for the economy this year,” Nationwide ...