The Department of Commerce said in its report that the increase in real GDP
in the second quarter "reflected positive contributions from personal consumption expenditures (PCE), federal government spending, and state and local government spending." It added "the deceleration in real GDP
in the second quarter reflected downturns in inventory investment, exports, and nonresidential fixed investment." It indicated that "for the period of expansion from the second quarter of 2009 to the first quarter of 2019, real GDP
increased at an annual rate of 2.3 percent." Meanwhile, US President Donald Trump tweeted "Q2 GDP Up 2.1 percent Not bad considering we have the very heavy weight of the Federal Reserve anchor wrapped around our neck.
rose in 49 states and the District of Columbia, falling only in Alaska.
under the current standard can only be traced back to 1980.
Atlanta Fed's Q1 GDPNow estimate was lifted again to 2.1%, well above the 1.4% Blue Chip consensus: "The GDPNow model estimate for real GDP
growth (seasonally adjusted annual rate) in the first quarter of 2019 is 2.1 percent on April 2, unchanged from April 1.
The real GDP
in advanced economies is estimated to grow by 2.0 per cent in 2019 and 1.7 per cent in 2020, a decline from 2.3 per cent growth in 2018.
The oil sector of the economy experienced a real GDP
growth rate of -1.62 per cent in Q4 of 2018.
Summary: Driven by an uptick in investment flows and private consumption, the UAE economy is expected to record an average annual real GDP
growth of 3.8% between 2019 and 2023, according to the Dubai Chamber of Commerce and Industry.
(Such references are in calendar years or quarters unless this report specifies otherwise.) In the first quarter of 2019, the level of real GDP
is estimated to be $8 billion lower than it would have beenan effect reflecting both the five-week partial shutdown and the resumption in economic activity once funding resumed.
The UAE is forecast to achieve an average real GDP
growth rate of 3.8% between 2019 and 2023, supported by an increase in investment flows and private consumption, according to new analysis from Dubai Chamber of Commerce and Industry.
growth, at constant###3.1###3.8###2.3###2###2.5###3.2
Summary: Real GDP
growth projected to accelerate to 4.4% in the fourth quarter
Qatar's prudent fiscal policy, healthy financial system and accelerated structural reforms have come in for praise from the International Monetary Fund yet again, which projects real GDP
growth of 2.4% for the country this year.