BUSINESS SITUATION

BUSINESS SITUATION

Growth in the US economy slowed in the 3rd quarter, as private investment slowed sharply and Federal Government spending turned down. Inflation remained moderate. Real gross domestic product (GDP) increased 2.4% in the 3rd quarter of 2000, according to the preliminary estimates of the national incom...

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Veröffentlicht in:Survey of Current Business 2000-12, Vol.80 (12), p.1-1
Hauptverfasser: Moran, Larry R, Larkins, Daniel, Morris, Ralph W, Argueta, Jennifer S, Andrews, Steven J
Format: Artikel
Sprache:eng
Schlagworte:
Analysis
Consumer spending
Consumption
Economic conditions
Economic development
Economic growth
Estimates
Expenditures
GDP
Government spending
Gross Domestic Product
Growth rate
International trade
Inventory
Investments
Local government
National income and product accounts
NIPA
Nondurable goods
Personal income
Real estate sales
Revisions
Software
Statistical data
United States
United States economic conditions
Vehicles
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Beschreibung
Zusammenfassung:Growth in the US economy slowed in the 3rd quarter, as private investment slowed sharply and Federal Government spending turned down. Inflation remained moderate. Real gross domestic product (GDP) increased 2.4% in the 3rd quarter of 2000, according to the preliminary estimates of the national income and product accounts, after increasing 5.6% in the 2nd quarter; the "advance" 3rd-quarter estimate 9f real GDP, reported in the November "Busienss Stiuation," had shown a 2.7% increase. The downward revision to read GDP reflected an upward revision to imports and downward revisions to buseinss investment in equipment and software and to private investment in inventories that were partly offset by upward revisions to busienss investment in structures and to State and local government spending.
ISSN:0039-6222
1937-4534