Abstract: Real Gross Domestic Product (GDP) advanced at a 4.9 percent annualized rate in the third quarter, according to the final estimate. The final revision was unchanged from the preliminary estimate and goes into the books as the strongest quarter since the third quarter of 2003. While the headline number remained unchanged from the preliminary estimate, some of the components were adjusted. Personal consumption expenditures were revised up slightly, as durable goods expenditures rose from 4.0 percent in the preliminary release to 4.5 percent in the final estimate.
Series Title: Economic Trends Title: Third-Quarter 2007 Final GDP Date: 12.21.07 Publication: Author(s):Brent Meyer Type: Economic Trends Topics(s): US Economy
Publication Year: 2007
Publication Date: 2007-12-21
Language: en
Type: article
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