Economy
April 30, 2019
BEA: First-Quarter GDP Exceeds Expectations
Written by Peter Wright
The growth of U.S. GDP in Q1 2019 increased to 3.2 percent and exceeded economists’ expectations.
On Friday, the Bureau of Economic Analysis (BEA) released the first estimate of GDP growth in the first quarter of 2019 stating: “Real gross domestic product (GDP) increased 3.2 percent in the first quarter of 2019, according to the ‘advance’ estimate. In the fourth quarter of 2018, real GDP increased 2.2 percent.”
