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Gross Domestic Product, 1st Quarter 2020 (Third Estimate); Corporate Profits, 1st Quarter 2020 (Revised Estimate)

Gross Domestic Product, 1st Quarter 2020 (Third Estimate); Corporate Profits, 1st Quarter 2020 (Revised Estimate)
Real gross domestic product (GDP) decreased 5.0 percent in the first quarter of 2020, according to the "third" estimate released by the Bureau of Economic Analysis. The decline is the same as in the "second" estimate released in May. In the fourth quarter of 2019, real GDP increased 2.1 percent. Full Text

Published June 25, 2020 at 06:00PM
Read more at bea.gov

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