US GDP grows 1.1% in Q1; overall GDP at $26.5T

[F-22Raptor]

Real gross domestic product (GDP) increased at an annual rate of 1.1 percent in the first quarter of 2023 (table 1), according to the "advance" estimate released by the Bureau of Economic Analysis. In the fourth quarter, real GDP increased 2.6 percent.

Current‑dollar GDP increased 5.1 percent at an annual rate, or $327.9 billion, in the first quarter, to a level of $26.47 trillion. In the fourth quarter, GDP increased 6.6 percent, or $414.1 billion (tables 1 and 3).

Gross Domestic Product, First Quarter 2023 (Advance Estimate) | U.S. Bureau of Economic Analysis (BEA)

Real gross domestic product (GDP) increased at an annual rate of 1.1 percent in the first quarter of 2023 (table 1), according to the "advance" estimate released by the Bureau of Economic Analysis. In the fourth quarter, real GDP increased 2.6 percent.

www.bea.gov

 

[HAIDER]

Real gross domestic product (GDP) increased at an annual rate of 1.1 percent in the first quarter of 2023 (table 1), according to the "advance" estimate released by the Bureau of Economic Analysis. In the fourth quarter, real GDP increased 2.6 percent.

Current‑dollar GDP increased 5.1 percent at an annual rate, or $327.9 billion, in the first quarter, to a level of $26.47 trillion. In the fourth quarter, GDP increased 6.6 percent, or $414.1 billion (tables 1 and 3).

Gross Domestic Product, First Quarter 2023 (Advance Estimate) | U.S. Bureau of Economic Analysis (BEA)

Real gross domestic product (GDP) increased at an annual rate of 1.1 percent in the first quarter of 2023 (table 1), according to the "advance" estimate released by the Bureau of Economic Analysis. In the fourth quarter, real GDP increased 2.6 percent.

www.bea.gov

Need to stay at 1.1 or come to 0.1 for next few months ...still aggressive ...

 

[Get Ya Wig Split]

@F-22Raptor I think the $27.5 trillion mark will be reached by the end of the year.

 

[AViet]

Useless data. You can fake any GDP you want. First fix your mass education system and feed your children. Then fix you filthy cities and provide at least some shelters for your homeless citizens. Then fix your poor health care system. Try to reach the level of a normal country like Malaysia before bragging about GDP.

 

[Get Ya Wig Split]

US First-Quarter GDP Revised Up to 2% on Exports, Consumers

US First-Quarter GDP Revised Up to 2% on Exports, Consumers

US gross domestic product was revised up notably to a 2% annualized advance in the first quarter, data showed Thursday.

www.bloomberg.com

Economic Data Points to Faster Growth Early in Year​

Economic Data Points to Faster Growth Early in Year

Government data showed that G.D.P. rose at a 2 percent rate in the first quarter, better than initially reported.

www.nytimes.com

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First-quarter economic growth was actually 2%, up from 1.3% first reported in major GDP revision​

First-quarter economic growth was actually 2%, up from 1.3% first reported in major GDP revision

The U.S. economy showed much stronger-than-expected growth in the first quarter than previously thought.

www.cnbc.com

Biden letting his nuts hang as per usual @F-22Raptor