According to the economic analysis office of the Department of Commerce (which revised downwards from 0.9 to 0.8% variation of the product between January and March), the growth of gross domestic product (GDP) in real terms, reflected the positive contribution of final consumption expenditure of households and the growth of exports.
With opposite sign, there was the negative evolution of investment (business and construction) and public expenditure, besides the increase in imports, details the note of the US administration.
Measured in current dollars, the US nominal GDP increased by 3.4%, to stand at about 18.437 billion dollars. The product variation in local currency was 1.3% in the first quarter.
The data known on Friday concretize the second estimate for the period from April to June. The third reading, expected for the end of September will determine the final value of the indicator
.
No comments:
Post a Comment