Friday, September 26, 2014

America’s GDP rose more than expected – Business World

America's GDP rose more than expected – Business World

The America’s GDP rose by revised 4.6 percent annual rate in the second quarter of 2014, compared with the previous forecast of +4.2 percent.

GDP deflator measured to +2.1 percent annual rate, compared with the previous assessment also was +2.1 percent.

The market had expected a GDP growth of +4.6 percent and a GDP deflator of +2.1 percent.

The GDP deflator is an inflation measure that takes into account the change in producer and consumer.

The outcome for consumer spending in the quarter was submitted unrevised at +2.5 percent.

LikeTweet

No comments:

Post a Comment