Economy
June 28, 2018
BEA: U.S. GDP Tops 4 Percent in Second Quarter
Written by Peter Wright
The growth of U.S. gross domestic product has improved for the last eight quarters on a trailing 12-month basis and in second-quarter 2018 was the best since third-quarter 2014.
The first estimate of the growth of U.S. GDP in this year’s second quarter was 4.1 percent, up from an upwardly revised 2.20 percent in the first quarter. The third estimate of second quarter GDP growth released on Thursday was 4.2 percent.
