President at Consumer Metrics Institute
Contributor's Links: Consumer Metrics Institute

Rick Davis is President of Consumers Metrics Institute (CMI).  CMI revolutionizes ways in which economic data is collected and published, by moving the methodologies and technologies involved into the twenty-first century.  First, CMI moved as far 'up-stream' economically as ... more

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BEA Revises 2nd Quarter 2018 GDP Growth Upward To 4.23%
In their second estimate of the US GDP for the second quarter of 2018, the Bureau of Economic Analysis reported that the US economy was growing at a +4.23% annual rate, up +0.16% from their previous estimate and up +2.01% from the prior quarter.
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BEA Estimates 2nd Quarter 2018 GDP Growth At 4.07%
In their first ("Advance") estimate of the US GDP for the second quarter of 2018, the Bureau of Economic Analysis reported that the US economy was growing at a +4.07% annual rate, up a significant +1.85% from a revised prior quarter.
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BEA Revises 1st Quarter 2018 GDP Growth Downward To 2.00%
In their third estimate of the US GDP for the first quarter of 2018, the Bureau of Economic Analysis reported that the US economy was growing at a +2.00% annual rate, down -0.17% from their previous estimate and down -0.88% from the prior quarter.
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BEA Revised 1st Quarter 2018 GDP Growth Downward To 2.17%
The US economy was probably somewhat cooler than the BEA's already tepid headline number might suggest. Downward trending headline growth rates slightly above 2% is not the stuff that economic dreams are made on.
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BEA Estimates 1st Quarter 2018 GDP Growth At 2.32%
In their first (preliminary) estimate of the US GDP for the first quarter of 2018, the Bureau of Economic Analysis reported that the US economy was growing at a +2.32% annual rate, down -0.56% from the prior quarter.
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BEA Revises 4th Quarter 2017 GDP Growth Upward To 2.88%
In their third (and final) estimate of the US GDP for the fourth quarter of 2017, the BEA reported that the US economy was growing at a +2.88% annual rate, up +0.35% from their previous estimate, but still down -0.28% from the prior quarter.
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