4Q 2016 US GDP final 2.1%

In the third and final estimate of Q4 GDP, the BEA revised the previous estimate of 1.8% notably higher to 2.1%, driven by a sharp upward revision to consumer spending, which rose 3.5% in Q4, after rising 3.0% in Q2, and contributed 2.4% to the bottom GDP line – in other words consumption alone was more than the entire GDP increase- up from 2.05% in the second revision.

aureus invest US GDP 20164Q

» For official and complete release from BEA, click here

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