Quarterly Outlooks Page

Advanced estimates show that the economy’s GDP grew at a 1.9% annual rate in the second quarter of 2008 following a revised growth rate of .9% in the first quarter. For the past year, GDP grew 1.8%, which is well below a target rate of 3% for sustainable growth. Recently revised data from the...

The Bureau of Economic Analysis released its advance estimate of 0.64% annualized real GDP growth for the fourth quarter of 2007. The advanced estimate is well below consensus forecasts, suggesting that the economy came out of 2007 in worse shape than most analysts expected. While growth...

Real GDP growth in the second quarter of 2007 exceeded expectations. Revisions of the 3.4% advanced estimates by the Bureau of Economic Analysis may occur in the future, but a big rebound from the revised .6% first quarter growth rate clearly occurred in the second quarter. Real GDP increased 1....

Advanced estimates by the Bureau of Economic Analysis shows an accelerated real GDP growth rate of 3.5% in the fourth quarter of 2006 compared to a revised 2% rate for the third quarter. Fourth quarter growth was well ahead of a consensus 3% forecast. For the year, GDP growth was 3.4%. Real...

Advanced reports show that the economy grew at a 2.5% real rate in the second quarter of 2006 following a revised growth rate of 5.6% in the first quarter. A preliminary analysis of inventory data and construction growth suggests that the 2.5% growth rate is likely to be revised upward....

The advanced estimate of 1.1% real GDP growth in the fourth quarter of 2005 came as a big surprise to analysts who expected real growth to be about 2.8%. For the year, GDP growth was 3.5%, continuing a solid annual growth pattern for the third year in a row. Inflation driven by higher fuel...

The economy grew 3.4% in real terms during the second quarter of 2005 following a revised first quarter growth rate of 3.8%. Second quarter growth was in line with the first quarter’s Outlook expectation of 3.25% to 3.5%, but it generally came in higher than most analysts expected. Significant...