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Gross Domestic Product, 1st Quarter 2020 (Second Estimate); Corporate Profits, 1st Quarter 2020 (Preliminary Estimate)

Gross Domestic Product, 1st Quarter 2020 (Second Estimate); Corporate Profits, 1st Quarter 2020 (Preliminary Estimate)
Real gross domestic product (GDP) decreased 5.0 percent in the first quarter of 2020, according to the "second" estimate released by the Bureau of Economic Analysis. The change was 0.2 percentage point lower than the "advance" estimate released in April. In the fourth quarter of 2019, real GDP increased 2.1 percent. Full Text

Published May 28, 2020 at 06:00PM
Read more at bea.gov

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