Economy
January 26, 2018
BEA: Fourth-Quarter GDP a Solid 2.57 Percent
Written by Peter Wright
The growth of U.S. Gross Domestic Product in the fourth quarter of 2017 declined from the strong performance of the second and third quarters, but the overall trend is good.
The Bureau of Economic Analysis released its first estimate of GDP growth in the fourth quarter on Friday. Growth was reported to be 2.57 percent quarter on quarter and 2.50 percent year on year. At the end of this piece are some expanded definitions of GDP.
