FAS COMMENTARY AND NEWS

Gross domestic product (GDP) increased at an annual rate of 1.2% in the first quarter of 2017, according to the second estimate from the US Department of Commerce last week. This was an increase form the advance estimate released at the end of April in...

Gross domestic product (GDP) grew at a rate of 0.7% in the first quarter of 2017 according to the advance estimate released by US Department of Commerce. This is down fairly significantly compared to the fourth quarter of 2016 in which GDP grew by 2.1%....

Gross domestic product (GDP) grew at an annual rate of 2.1% in the fourth quarter of 2016, according to the third estimate from the US Department of Commerce. This is an increase from the second estimate which was 1.9%, released last month. The personal consumption...

The U.S. economy expanded by an annual rate of 1.9% in the fourth quarter of 2016, according to the second estimate in a statement released by The U.S. Department of Commerce. This was consistent with the initial estimate released last month. The Fed’s main gauge...

The “Trump rally” continued through the month of December as investors remained bullish on the President-elect’s promises of delivering economic growth through aggressive fiscal stimulus. Nearly all major asset classes saw positive returns in December (and for the year). Of the three major US indexes,...

The second estimate for third quarter gross domestic product (GDP) was revised upward to 3.2% from 2.9% in the advance estimate released in late October. The upward adjustment was mainly driven by an increase in personal consumption expenditures (consumer spending) which was greater than previously...