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President at Consumer Metrics Institute
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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 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.
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.
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.
BEA Leaves 4th Quarter 2017 GDP Growth Essentially Unchanged At 2.53%
In their second estimate of the US GDP for the fourth quarter of 2017, the Bureau of Economic Analysis reported that the US economy was growing at a +2.53% annual rate, down -0.01% from their previous estimate and down -0.63% from the prior quarter.
BEA Estimates 4th Quarter 2017 GDP Growth To Be 2.54%
In their first (and preliminary) estimate of the US GDP for the fourth quarter of 2017, the Bureau of Economic Analysis (BEA) reported that the US economy was growing at a +2.54% annual rate, down -0.62% from the prior quarter.
BEA Revises 3rd Quarter 2017 GDP Growth Down Slightly To 3.16%
In their third and final estimate of the US GDP for the third quarter of 2017, the BEA reported that the US economy was growing at a +3.16% annual rate, down -0.14% from the previous estimate and up +0.10% from the prior quarter.
BEA Revises 3rd Quarter 2017 GDP Growth Upward To 3.30%
In their second estimate of the US GDP for the third quarter of 2017, the Bureau of Economic Analysis reported that the US economy was growing at a +3.30% annual rate, up +0.32% from the previous estimate and up +0.24% from the prior quarter.
BEA Estimates 3rd Quarter 2017 GDP Growth At 2.98%
In their first (or "preliminary") estimate of the US GDP for the third quarter of 2017, the Bureau of Economic Analysis reported that the US economy was growing at a +2.98% annual rate, down -0.08% from the prior quarter.
BEA Revises 2nd Quarter 2017 GDP Growth Slightly Upward To 3.06%
In today's report, the BEA's "bottom line" (their "Real Final Sales of Domestic Product", which excludes inventories) was revised downward to +2.94%, still up +0.24% from the prior quarter.
BEA Revises 2nd Quarter 2017 GDP Growth Upward To 3.04% - Wednesday, August 30
In their second estimate of the US GDP for the second quarter of 2017, the Bureau of Economic Analysis reported that the US economy was growing at a +3.04% annual rate, up +0.48% from their previous estimate and up +1.80% from the prior quarter.
BEA Estimates 2nd Quarter 2017 GDP Growth At 2.56% - Friday, July 28
In their first (preliminary) estimate of the US GDP for the second quarter of 2017, the Bureau of Economic Analysis (BEA) reported that the US economy was growing at a +2.56% annual rate, up +1.14% from a downward revised first quarter.
BEA Revises 1st Quarter 2017 GDP Growth Upward To 1.42% - Thursday, June 29
The BEA revised the growth of the US economy upward to a +1.42% annual rate, up +0.26% from their previous estimate for the first quarter but still down over a half percent (-0.66%) from the +2.08% reported for the fourth quarter of 2016.
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.
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.
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%.
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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