Real gross domestic product (GDP) increased 3.5 percent in the third quarter of 2018, according to the “advance” estimate released by the Bureau of Economic Analysis. In the second quarter of 2018, real GDP increased 4.2 percent.
The Bureau emphasized that the third-quarter advance estimate released today is based on source data that are incomplete or subject to further revision by the source agency. The “second” estimate for the third quarter, based on more complete data, will be released on November 28, 2018.
Components of GDP growth
The increase in real GDP in the third quarter reflected positive contributions from personal consumption expenditures (PCE), private inventory investment, state and local government spending, federal government spending, and nonresidential fixed investment that were partly offset by negative contributions from exports and residential fixed investment. Imports, which are a subtraction in the calculation of GDP, increased.
The deceleration in real GDP growth in the third quarter reflected a downturn in exports and a deceleration in nonresidential fixed investment. Imports increased in the third quarter after decreasing in the second. These movements were partly offset by an upturn in private inventory investment.
Current-dollar GDP increased 4.9 percent, or $247.1 billion, in the third quarter to a level of $20.66 trillion. In the second quarter, current-dollar GDP increased 7.6 percent, or $370.9 billion.
The price index for gross domestic purchases increased 1.7 percent in the third quarter, compared with an increase of 2.4 percent in the second quarter. The PCE price index increased 1.6 percent, compared with an increase of 2.0 percent. Excluding food and energy prices, the PCE price index increased 1.6 percent, compared with an increase of 2.1 percent.
Brian Wang is a Futurist Thought Leader and a popular Science blogger with 1 million readers per month. His blog Nextbigfuture.com is ranked #1 Science News Blog. It covers many disruptive technology and trends including Space, Robotics, Artificial Intelligence, Medicine, Anti-aging Biotechnology, and Nanotechnology.
Known for identifying cutting edge technologies, he is currently a Co-Founder of a startup and fundraiser for high potential early-stage companies. He is the Head of Research for Allocations for deep technology investments and an Angel Investor at Space Angels.
A frequent speaker at corporations, he has been a TEDx speaker, a Singularity University speaker and guest at numerous interviews for radio and podcasts. He is open to public speaking and advising engagements.
by “it” you mean debt.
China’s GDP is about $7 Trillion less than the United States even with triple the population. They have a lot of ground to catch up on so it’s not that surprising their GDP is higher, it has been for many years now.
WOW, you anti President Trump people better get your head buried deeper in the sand because it sure is getting better all around us. Make America Great Again is happening.
2008-2018 posted worse growth than 1930-1940. The last 10 years have posted the worst overall growth I think since we started keeping track with modern systems. “Recovery”? Not so much.
WOW you anti President Trump people better get your head buried deeper in the sand because it sure is getting better all around us. Make America Great Again is happening.
2008-2018 posted worse growth than 1930-1940.The last 10 years have posted the worst overall growth I think since we started keeping track with modern systems.Recovery””? Not so much.”””
No. Orange man bad.
No. Orange man bad.
Actions by the Federal Reserve for continued increases in interest rates as well as the Fed selling back into the market the trillions in stocks and bonds it had purchased for “quantitative easing” during the Obama years.
If all the news is so wonderful then why is the stock-market down about 7% from its high point??? I know that in general the market is not economy but I’m pretty sure the current market conditions are driven by problematic corporate earnings.
Actions by the Federal Reserve for continued increases in interest rates as well as the Fed selling back into the market the trillions in stocks and bonds it had purchased for quantitative easing”” during the Obama years.”””
If all the news is so wonderful then why is the stock-market down about 7{22800fc54956079738b58e74e4dcd846757aa319aad70fcf90c97a58f3119a12} from its high point??? I know that in general the market is not economy but I’m pretty sure the current market conditions are driven by problematic corporate earnings.
Normal jitters. Nobody is too worried about that.
What a crock of shyte.
The “second” estimate for the third quarter, based on more complete data, will be released on November 28, 2018. 4.0 here we come! #MAGA
Normal jitters. Nobody is too worried about that.
What a crock of shyte.
The “second” estimate for the third quarter based on more complete data will be released on November 28 2018.4.0 here we come! #MAGA”
Matheus Henrique, you are obviously the one making America Great Again with your unifying strategy and your unifying talk.
The US is growing 3.5% in 2018 by adding MASSIVE amousnts of debt China is growing 6.5% in 2018 by adding no debt Who is making who great again?
No way! This would mean Q4 growth 59% this is NOT going to happen
A brief analysis 2.2+4.2+3.5 = 9.9 Which means 3.3 on average In order to reach 4.0 for the whole 2018, the Q4 must be5.1% !! There is NO way Q4 will be 5.1% so the whole thing will be BELOW 4% In the mean time.. 2000 a1 5,659 a 55.8% a 3,450.00 33.9% 10,150.0 2001 a2 5,792 a 54.8% a 3,350.00 31.6% 10,550.0 2002 a3 6,213 a 57.1% a 3,550.00 32.7% 10,900.0 2003 a 6,783 a 59.9% a 3,900.00 34.6% 11,350.0 2004 a 7,379 a 61.0% a 4,300.00 35.6% 12,100.0 2005 a4 7,918 a 61.4% a 4,600.00 35.7% 12,900.0 2006 a5 8,493 a 62.1% a 4,850.00 35.4% 13,700.0 2007 a6 8,993 a 62.8% a 5,050.00 35.3% 14,300.0 2008 a7 10,011 a 67.9% a 5,800.00 39.4% 14,750.0 2009 a8 11,898 a 82.5% a 7,550.00 52.4% 14,400.0 2010 a9 13,551 a 91.6% a 9,000.00 61.0% 14,800.0 2011 a10 14,781 a 96.1% a 10,150.00 65.8% 15,400.0 2012 a11 16,059 a 100.2% a 11,250.00 70.3% 16,050.0 2013 a12 16,732 a 101.3% a 12,000.00 72.6% 16,500.0 2014 a13 17,810 a 103.4% a 12,800.00 74.2% 17,200.0 2015 a14 18,138 a 101.3/101.8% a 13,100.00 73.3% 17,900.0 2016 (Oct. ’15 – Jul. ’16 only) ~19,428 ~106.1% ~13,998.00 ~76.5% THE US DEBT IS GROWIN AND BALLOONING from 60% in 2006 to 106% in 2016!! AND THE IMF predicts it will go up another 10 points under TRUMP DRUMPF! Which mean the US is cooked In the mean time: GDP growth 2018 US 3.5% (maybe) China 6.5% India 7+%
Matheus Henrique you are obviously the one making America Great Again with your unifying strategy and your unifying talk.
The US is growing 3.5{22800fc54956079738b58e74e4dcd846757aa319aad70fcf90c97a58f3119a12} in 2018 by adding MASSIVE amousnts of debt China is growing 6.5{22800fc54956079738b58e74e4dcd846757aa319aad70fcf90c97a58f3119a12} in 2018 by adding no debt Who is making who great again?
No way! This would mean Q4 growth 59{22800fc54956079738b58e74e4dcd846757aa319aad70fcf90c97a58f3119a12} this is NOT going to happen
A brief analysis 2.2+4.2+3.5 = 9.9 Which means 3.3 on average In order to reach 4.0 for the whole 2018 the Q4 must be5.1{22800fc54956079738b58e74e4dcd846757aa319aad70fcf90c97a58f3119a12} !! There is NO way Q4 will be 5.1{22800fc54956079738b58e74e4dcd846757aa319aad70fcf90c97a58f3119a12} so the whole thing will be BELOW 4{22800fc54956079738b58e74e4dcd846757aa319aad70fcf90c97a58f3119a12} In the mean time.. 2000 a1 5659 a 55.8{22800fc54956079738b58e74e4dcd846757aa319aad70fcf90c97a58f3119a12} a 3450.00 33.9{22800fc54956079738b58e74e4dcd846757aa319aad70fcf90c97a58f3119a12} 10150.02001 a2 5792 a 54.8{22800fc54956079738b58e74e4dcd846757aa319aad70fcf90c97a58f3119a12} a 3350.00 31.6{22800fc54956079738b58e74e4dcd846757aa319aad70fcf90c97a58f3119a12} 10550.02002 a3 6213 a 57.1{22800fc54956079738b58e74e4dcd846757aa319aad70fcf90c97a58f3119a12} a 3550.00 32.7{22800fc54956079738b58e74e4dcd846757aa319aad70fcf90c97a58f3119a12} 10900.02003 a 6783 a 59.9{22800fc54956079738b58e74e4dcd846757aa319aad70fcf90c97a58f3119a12} a 3900.00 34.6{22800fc54956079738b58e74e4dcd846757aa319aad70fcf90c97a58f3119a12} 11350.02004 a 7379 a 61.0{22800fc54956079738b58e74e4dcd846757aa319aad70fcf90c97a58f3119a12} a 4300.00 35.6{22800fc54956079738b58e74e4dcd846757aa319aad70fcf90c97a58f3119a12} 12100.02005 a4 7918 a 61.4{22800fc54956079738b58e74e4dcd846757aa319aad70fcf90c97a58f3119a12} a 4600.00 35.7{22800fc54956079738b58e74e4dcd846757aa319aad70fcf90c97a58f3119a12} 12900.02006 a5 8493 a 62.1{22800fc54956079738b58e74e4dcd846757aa319aad70fcf90c97a58f3119a12} a 4850.00 35.4{22800fc54956079738b58e74e4dcd846757aa319aad70fcf90c97a58f3119a12} 13700.02007 a6 8993 a 62.8{22800fc54956079738b58e74e4dcd846757aa319aad70fcf90c97a58f3119a12} a 5050.00 35.3{22800fc54956079738b58e74e4dcd846757aa319aad70fcf90c97a58f3119a12} 14300.02008 a7 10011 a 67.9{22800fc54956079738b58e74e4dcd846757aa319aad70fcf90c97a58f3119a12} a 5800.00 39.4{22800fc54956079738b58e74e4dcd846757aa319aad70fcf90c97a58f3119a12} 14
then end the Fed, problem solved
then end the Fed problem solved
Learn, kid As of October 2018, it stands at approximately CN¥ 36 trillion (US$ 5.2 trillion)[1], equivalent to about 47.6% of GDP.
China is growing 6.5% in 2018 by adding no debt” LOLOLOLOLOL
Fed interest rates have moved stocks from “all time highs” to just “highs”. Overall the stock market is doing quite well, just not crazy well.
Learn kid As of October 2018 it stands at approximately CN¥ 36 trillion (US$ 5.2 trillion)[1] equivalent to about 47.6{22800fc54956079738b58e74e4dcd846757aa319aad70fcf90c97a58f3119a12} of GDP.”
China is growing 6.5{22800fc54956079738b58e74e4dcd846757aa319aad70fcf90c97a58f3119a12} in 2018 by adding no debt””LOLOLOLOLOL”””
Fed interest rates have moved stocks from all time highs”” to just “”””highs””””.Overall the stock market is doing quite well”””” just not crazy well.”””
Yeah. SOE debt is government debt, as they are government entities.
What? He has already learned that Chinese stats are BS…and pretty much anything you say Matteo is total BS.
Yup!
Wow, indeed Matteo Martini.
Hey everyone! To see Matteo’s FB page, just search for Matteo Martini, Ota-ku, Tokyo, Japan on FB’s people search bar.
No. The deficit has nothing to do with GDP growth and everything to do with politicians who can’t reign in spending.
you are the joke of the blog saying to others, troll ….. LMAO
You are a true, Hater … but according to you, Which is the US is cooked …. LMAO.
Chinese debt is 35 trillion dollars … China’s private debt in the last quarter of 2017 was around 24 trillion plus 11 trillion government debt.
Bought to us by our ever increasing deficit. Of course then high GDP growth will be tamped down with an higher discount window interest rate by the FED which will mean higher interest rate which will mean higher deficit and lower growth. Everything is connected.
Learn, kid As of October 2018, it stands at approximately CN¥ 36 trillion (US$ 5.2 trillion)[1], equivalent to about 47.6% of GDP.
Learn kid As of October 2018 it stands at approximately CN¥ 36 trillion (US$ 5.2 trillion)[1] equivalent to about 47.6{22800fc54956079738b58e74e4dcd846757aa319aad70fcf90c97a58f3119a12} of GDP.”
China is growing 6.5% in 2018 by adding no debt” LOLOLOLOLOL
China is growing 6.5{22800fc54956079738b58e74e4dcd846757aa319aad70fcf90c97a58f3119a12} in 2018 by adding no debt””LOLOLOLOLOL”””
Fed interest rates have moved stocks from “all time highs” to just “highs”. Overall the stock market is doing quite well, just not crazy well.
Fed interest rates have moved stocks from all time highs”” to just “”””highs””””.Overall the stock market is doing quite well”””” just not crazy well.”””
then end the Fed, problem solved
then end the Fed problem solved
Learn, kid
As of October 2018, it stands at approximately CN¥ 36 trillion (US$ 5.2 trillion)[1], equivalent to about 47.6% of GDP.
“China is growing 6.5% in 2018 by adding no debt”
LOLOLOLOLOL
Fed interest rates have moved stocks from “all time highs” to just “highs”.
Overall the stock market is doing quite well, just not crazy well.
then end the Fed, problem solved
Matheus Henrique, you are obviously the one making America Great Again with your unifying strategy and your unifying talk.
Matheus Henrique you are obviously the one making America Great Again with your unifying strategy and your unifying talk.
The US is growing 3.5% in 2018 by adding MASSIVE amousnts of debt China is growing 6.5% in 2018 by adding no debt Who is making who great again?
The US is growing 3.5{22800fc54956079738b58e74e4dcd846757aa319aad70fcf90c97a58f3119a12} in 2018 by adding MASSIVE amousnts of debt China is growing 6.5{22800fc54956079738b58e74e4dcd846757aa319aad70fcf90c97a58f3119a12} in 2018 by adding no debt Who is making who great again?
No way! This would mean Q4 growth 59% this is NOT going to happen
No way! This would mean Q4 growth 59{22800fc54956079738b58e74e4dcd846757aa319aad70fcf90c97a58f3119a12} this is NOT going to happen
A brief analysis 2.2+4.2+3.5 = 9.9 Which means 3.3 on average In order to reach 4.0 for the whole 2018, the Q4 must be5.1% !! There is NO way Q4 will be 5.1% so the whole thing will be BELOW 4% In the mean time.. 2000 a1 5,659 a 55.8% a 3,450.00 33.9% 10,150.0 2001 a2 5,792 a 54.8% a 3,350.00 31.6% 10,550.0 2002 a3 6,213 a 57.1% a 3,550.00 32.7% 10,900.0 2003 a 6,783 a 59.9% a 3,900.00 34.6% 11,350.0 2004 a 7,379 a 61.0% a 4,300.00 35.6% 12,100.0 2005 a4 7,918 a 61.4% a 4,600.00 35.7% 12,900.0 2006 a5 8,493 a 62.1% a 4,850.00 35.4% 13,700.0 2007 a6 8,993 a 62.8% a 5,050.00 35.3% 14,300.0 2008 a7 10,011 a 67.9% a 5,800.00 39.4% 14,750.0 2009 a8 11,898 a 82.5% a 7,550.00 52.4% 14,400.0 2010 a9 13,551 a 91.6% a 9,000.00 61.0% 14,800.0 2011 a10 14,781 a 96.1% a 10,150.00 65.8% 15,400.0 2012 a11 16,059 a 100.2% a 11,250.00 70.3% 16,050.0 2013 a12 16,732 a 101.3% a 12,000.00 72.6% 16,500.0 2014 a13 17,810 a 103.4% a 12,800.00 74.2% 17,200.0 2015 a14 18,138 a 101.3/101.8% a 13,100.00 73.3% 17,900.0 2016 (Oct. ’15 – Jul. ’16 only) ~19,428 ~106.1% ~13,998.00 ~76.5% THE US DEBT IS GROWIN AND BALLOONING from 60% in 2006 to 106% in 2016!! AND THE IMF predicts it will go up another 10 points under TRUMP DRUMPF! Which mean the US is cooked In the mean time: GDP growth 2018 US 3.5% (maybe) China 6.5% India 7+%
A brief analysis 2.2+4.2+3.5 = 9.9 Which means 3.3 on average In order to reach 4.0 for the whole 2018 the Q4 must be5.1{22800fc54956079738b58e74e4dcd846757aa319aad70fcf90c97a58f3119a12} !! There is NO way Q4 will be 5.1{22800fc54956079738b58e74e4dcd846757aa319aad70fcf90c97a58f3119a12} so the whole thing will be BELOW 4{22800fc54956079738b58e74e4dcd846757aa319aad70fcf90c97a58f3119a12} In the mean time.. 2000 a1 5659 a 55.8{22800fc54956079738b58e74e4dcd846757aa319aad70fcf90c97a58f3119a12} a 3450.00 33.9{22800fc54956079738b58e74e4dcd846757aa319aad70fcf90c97a58f3119a12} 10150.02001 a2 5792 a 54.8{22800fc54956079738b58e74e4dcd846757aa319aad70fcf90c97a58f3119a12} a 3350.00 31.6{22800fc54956079738b58e74e4dcd846757aa319aad70fcf90c97a58f3119a12} 10550.02002 a3 6213 a 57.1{22800fc54956079738b58e74e4dcd846757aa319aad70fcf90c97a58f3119a12} a 3550.00 32.7{22800fc54956079738b58e74e4dcd846757aa319aad70fcf90c97a58f3119a12} 10900.02003 a 6783 a 59.9{22800fc54956079738b58e74e4dcd846757aa319aad70fcf90c97a58f3119a12} a 3900.00 34.6{22800fc54956079738b58e74e4dcd846757aa319aad70fcf90c97a58f3119a12} 11350.02004 a 7379 a 61.0{22800fc54956079738b58e74e4dcd846757aa319aad70fcf90c97a58f3119a12} a 4300.00 35.6{22800fc54956079738b58e74e4dcd846757aa319aad70fcf90c97a58f3119a12} 12100.02005 a4 7918 a 61.4{22800fc54956079738b58e74e4dcd846757aa319aad70fcf90c97a58f3119a12} a 4600.00 35.7{22800fc54956079738b58e74e4dcd846757aa319aad70fcf90c97a58f3119a12} 12900.02006 a5 8493 a 62.1{22800fc54956079738b58e74e4dcd846757aa319aad70fcf90c97a58f3119a12} a 4850.00 35.4{22800fc54956079738b58e74e4dcd846757aa319aad70fcf90c97a58f3119a12} 13700.02007 a6 8993 a 62.8{22800fc54956079738b58e74e4dcd846757aa319aad70fcf90c97a58f3119a12} a 5050.00 35.3{22800fc54956079738b58e74e4dcd846757aa319aad70fcf90c97a58f3119a12} 14300.02008 a7 10011 a 67.9{22800fc54956079738b58e74e4dcd846757aa319aad70fcf90c97a58f3119a12} a 5800.00 39.4{22800fc54956079738b58e74e4dcd846757aa319aad70fcf90c97a58f3119a12} 14
Normal jitters. Nobody is too worried about that.
Normal jitters. Nobody is too worried about that.
What a crock of shyte.
What a crock of shyte.
The “second” estimate for the third quarter, based on more complete data, will be released on November 28, 2018. 4.0 here we come! #MAGA
The “second” estimate for the third quarter based on more complete data will be released on November 28 2018.4.0 here we come! #MAGA”
Actions by the Federal Reserve for continued increases in interest rates as well as the Fed selling back into the market the trillions in stocks and bonds it had purchased for “quantitative easing” during the Obama years.
Actions by the Federal Reserve for continued increases in interest rates as well as the Fed selling back into the market the trillions in stocks and bonds it had purchased for quantitative easing”” during the Obama years.”””
If all the news is so wonderful then why is the stock-market down about 7% from its high point??? I know that in general the market is not economy but I’m pretty sure the current market conditions are driven by problematic corporate earnings.
If all the news is so wonderful then why is the stock-market down about 7{22800fc54956079738b58e74e4dcd846757aa319aad70fcf90c97a58f3119a12} from its high point??? I know that in general the market is not economy but I’m pretty sure the current market conditions are driven by problematic corporate earnings.
No. Orange man bad.
No. Orange man bad.
WOW, you anti President Trump people better get your head buried deeper in the sand because it sure is getting better all around us. Make America Great Again is happening.
WOW you anti President Trump people better get your head buried deeper in the sand because it sure is getting better all around us. Make America Great Again is happening.
2008-2018 posted worse growth than 1930-1940. The last 10 years have posted the worst overall growth I think since we started keeping track with modern systems. “Recovery”? Not so much.
2008-2018 posted worse growth than 1930-1940.The last 10 years have posted the worst overall growth I think since we started keeping track with modern systems.Recovery””? Not so much.”””
Matheus Henrique, you are obviously the one making America Great Again with your unifying strategy and your unifying talk.
The US is growing 3.5% in 2018 by adding MASSIVE amousnts of debt
China is growing 6.5% in 2018 by adding no debt
Who is making who great again?
No way!
This would mean Q4 growth 59% this is NOT going to happen
A brief analysis
2.2+4.2+3.5 = 9.9
Which means 3.3 on average
In order to reach 4.0 for the whole 2018, the Q4 must be5.1% !!
There is NO way Q4 will be 5.1% so the whole thing will be BELOW 4%
In the mean time..
2000 a1 5,659 a 55.8% a 3,450.00 33.9% 10,150.0
2001 a2 5,792 a 54.8% a 3,350.00 31.6% 10,550.0
2002 a3 6,213 a 57.1% a 3,550.00 32.7% 10,900.0
2003 a 6,783 a 59.9% a 3,900.00 34.6% 11,350.0
2004 a 7,379 a 61.0% a 4,300.00 35.6% 12,100.0
2005 a4 7,918 a 61.4% a 4,600.00 35.7% 12,900.0
2006 a5 8,493 a 62.1% a 4,850.00 35.4% 13,700.0
2007 a6 8,993 a 62.8% a 5,050.00 35.3% 14,300.0
2008 a7 10,011 a 67.9% a 5,800.00 39.4% 14,750.0
2009 a8 11,898 a 82.5% a 7,550.00 52.4% 14,400.0
2010 a9 13,551 a 91.6% a 9,000.00 61.0% 14,800.0
2011 a10 14,781 a 96.1% a 10,150.00 65.8% 15,400.0
2012 a11 16,059 a 100.2% a 11,250.00 70.3% 16,050.0
2013 a12 16,732 a 101.3% a 12,000.00 72.6% 16,500.0
2014 a13 17,810 a 103.4% a 12,800.00 74.2% 17,200.0
2015 a14 18,138 a 101.3/101.8% a 13,100.00 73.3% 17,900.0
2016
(Oct. ’15 –
Jul. ’16 only) ~19,428 ~106.1% ~13,998.00 ~76.5%
THE US DEBT IS GROWIN AND BALLOONING from 60% in 2006 to 106% in 2016!!
AND THE IMF predicts it will go up another 10 points under TRUMP DRUMPF!
Which mean the US is cooked
In the mean time: GDP growth
2018 US 3.5% (maybe)
China 6.5%
India 7+%
Normal jitters. Nobody is too worried about that.
What a crock of shyte.
The “second” estimate for the third quarter, based on more complete data, will be released on November 28, 2018.
4.0 here we come!
#MAGA
Actions by the Federal Reserve for continued increases in interest rates as well as the Fed selling back into the market the trillions in stocks and bonds it had purchased for “quantitative easing” during the Obama years.
If all the news is so wonderful then why is the stock-market down about 7% from its high point??? I know that in general the market is not economy but I’m pretty sure the current market conditions are driven by problematic corporate earnings.
No. Orange man bad.
WOW, you anti President Trump people better get your head buried deeper in the sand because it sure is getting better all around us. Make America Great Again is happening.
2008-2018 posted worse growth than 1930-1940.
The last 10 years have posted the worst overall growth I think since we started keeping track with modern systems.
“Recovery”? Not so much.