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 1st Quarter 2017 GDP Growth Upward To 1.16% - Friday, May 26
The BEA revised the growth of the US economy upward to a +1.16% annual rate, up +0.47% from their previous estimate for the first quarter but still down nearly a percent (-0.92%) from the +2.08% reported for the fourth quarter of 2016.
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BEA Estimates 1st Quarter 2017 GDP Growth At 0.69% - Friday, April 28
In their first (preliminary) estimate of the US GDP for the first quarter of 2017, the BEA reported that the US economy was growing at a +0.69% annual rate, down roughly two-thirds (-1.39%) from the +2.08% reported for the prior quarter.
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BEA Revision Revises 4th Quarter 2016 GDP Growth Upward To 2.08 - Thursday, March 30
In the prior quarter the BEA reported that the US GDP was growing at a 3.53% annualized rate. Now that growth has dropped by -1.45%. Final sales growth rate dropped quarter-to-quarter by nearly -2%.
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BEA Revision Revises 4th Quarter 2016 GDP Growth To 1.85% - Tuesday, Feb. 28
In their second estimate of the US GDP for the fourth quarter of 2016, BEA reported that the US economic growth rate was +1.85%, essentially unchanged from the +1.87% previously reported but down by nearly half (-1.68%) from the prior quarter.
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Inventories And Low Deflator Boost Low GDP Estimate
In their first (preliminary) estimate of the US GDP for the fourth quarter of 2016, the Bureau of Economic Analysis reported that the US economic growth rate was +1.87%, down by nearly half (-1.66%) from the prior quarter.
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BEA Revises 3rd Quarter 2016 GDP Upward To 3.53%
In their third and final estimate of the US GDP for the third quarter of 2016, the Bureau of Economic Analysis reported that the growth rate was +3.53%, up +0.38% from their previous estimate and up +2.11% from the prior quarter.
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