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Gross Domestic Product: Difference between revisions
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* Consumer spending grew at an annual rate of 1.6% in the second quarter, down from 4.2% growth in the first quarter. | * Consumer spending grew at an annual rate of 1.6% in the second quarter, down from 4.2% growth in the first quarter. | ||
* Current-dollar personal income increased $236.1 billion in the second quarter, compared with an increase of $278.0 billion in the first quarter. Disposable personal income increased $248.2 billion, or 5.2 percent, in the second quarter, compared with an increase of $587.9 billion, or 12.9 percent, in the first quarter | * Current-dollar personal income increased $236.1 billion in the second quarter, compared with an increase of $278.0 billion in the first quarter. Disposable personal income increased $248.2 billion, or 5.2 percent, in the second quarter, compared with an increase of $587.9 billion, or 12.9 percent, in the first quarter | ||
{| class="wikitable" | |||
!<ref>https://www.bea.gov/news/2023/gross-domestic-product-second-quarter-2023-second-estimate-and-corporate-profits</ref> | |||
!Advance Estimate | |||
!Second Estimate | |||
|- | |||
! | |||
! colspan="2" |(Percent change from preceding quarter) | |||
|- | |||
|Real GDP | |||
|2.4 | |||
|2.1 | |||
|- | |||
|Current-dollar GDP | |||
|4.7 | |||
|4.1 | |||
|- | |||
|Real GDI | |||
|… | |||
|0.5 | |||
|- | |||
|Average of Real GDP and Real GDI | |||
|… | |||
|1.3 | |||
|- | |||
|Gross domestic purchases price index | |||
|1.9 | |||
|1.7 | |||
|- | |||
|PCE price index | |||
|2.6 | |||
|2.5 | |||
|- | |||
|PCE price index excluding food and energy | |||
|3.8 | |||
|3.7 | |||
|} | |||
== References == | == References == | ||