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Second estimate for the third quarter of 2023

Second estimate for the third quarter of 2023

That growth US GDP It is one of the most important data at the macroeconomic level. After all, the United States is the largest economy in the world and, for better or worse, affects the entire global economy. In this in-depth analysis all the readings US GDP in 2023quarter after quarter.

US GDP for the third quarter of 2023

According to what was indicated by the Ministry of Commerce, which issued the second estimate for the third quarter of 2023 gross domestic product The United States recorded an increase of 5.2% compared to +2.1% indicated in the previous quarter.

This figure was higher than the initial estimate of an increase of 4.9%.

US GDP for the second quarter of 2023

According to what was indicated by the Ministry of Commerce, which issued the final data for the second quarter of 2023 gross domestic product The United States recorded an increase of 2.1% compared to +2.0% indicated in the previous quarter.

US GDP for the first quarter of 2023

According to what was indicated by the Ministry of Commerce, which issued the second estimate for the first quarter of 2023 gross domestic product The United States recorded an increase of 1.3% compared to +2.6% indicated in the previous quarter. This figure was higher than the first estimate, which indicated an increase of 1.1%.

US GDP, what does it measure?

GDP represents the total value of a country’s production of goods and services. The US model is prepared by the Bureau of Economic Analysis of the US Department of Commerce (US Bureau of Economic Analysis), based on data collected from the National Accounting System and private sources.

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The main components of GDP are consumption, investments, net exports and public spending.

to know more: United States gross domestic product (GDP).

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