USD GDP rises 1.9 percent

WASHINGTON, Real gross domestic product (GDP) of the United States of America increased at an annual rate of 1.9 percent in the third quarter of 2019, according to the “advance” estimate released by the Bureau of Economic Analysis.

In the second quarter, the real GDP increased 2.0 percent.

The GDP estimate released today (Wednesday) is based on source data that are incomplete or subject to further revision by the agency.

The “second” estimate for the third quarter, based on more complete data, will be released on November 27, 2019.

Source: Kuwait News Agency