What was 2nd quarter GDP?
What was 2nd quarter GDP?
Current dollar GDP increased 13.2 percent at an annual rate, or $693.2 billion, in the second quarter to a level of $22.73 trillion….Updates to GDP.
| Advance Estimate | Second Estimate | |
|---|---|---|
| (Percent change from preceding quarter) | ||
| Gross domestic purchases price index | 5.7 | 5.8 |
| PCE price index | 6.4 | 6.5 |
What was GDP growth in 2nd quarter 2020?
Gross domestic product, the broadest measure of economic output, grew 1.6 percent in the second quarter of the year, the Commerce Department said Thursday, up from 1.5 percent in the first three months of the year. On an annualized basis, second-quarter growth was 6.5 percent.
How much did GDP drop in the second quarter?
Real gross domestic product (GDP) decreased in all 50 states and the District of Columbia in the second quarter of 2020, as real GDP for the nation decreased at an annual rate of 31.4 percent, according to statistics released today by the U.S. Bureau of Economic Analysis.
What was the GDP in the second quarter of 2021?
$22.74 trillion
Current-dollar GDP increased 13.4 percent at an annual rate, or $702.8 billion, in the second quarter to a level of $22.74 trillion.
What is the 2nd quarter of 2020?
First quarter, Q1: 1 January – 31 March (90 days or 91 days in leap years) Second quarter, Q2: 1 April – 30 June (91 days) Third quarter, Q3: 1 July – 30 September (92 days) Fourth quarter, Q4: 1 October – 31 December (92 days)
Which quarter has the highest GDP percentage?
GDP posted double digit growth of 11.8 percent in the second quarter of 2021, the highest since fourth quarter of 1988.
What was GDP for 3rd Quarter 2020?
$21.16 trillion
Current dollar GDP increased 38.0 percent at an annual rate, or $1.64 trillion, in the third quarter to a level of $21.16 trillion.
What was the GDP this quarter?
Current dollar GDP increased 8.4 percent at an annual rate, or $461.3 billion, in the third quarter to a level of $23.20 trillion.