Economy
December 6, 2018
BEA: All Regions Saw GDP Growth in 2Q
Written by Peter Wright
U.S. gross domestic product grew in every region of the country in the second quarter of 2018, according to Bureau of Economic Analysis data.
The BEA introduced a new data set for GDP by state and region in 2014 and backdated it to Q1 2005. Last week, the data was updated through Q2 2018. Even though this might be considered historically “old,” we think it’s worth reporting because it’s the foundation for where we are now. The data is published quarterly. Steel Market Update analyzes the data and reports to subscribers quarterly by region.
